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UK: Regulating Buy-Now-Pay-Later will protect million consumers
By Puja Sharma
As new BNPL regulation means that providers will be required to carry out affordability checks on consumers and have FCA approval. With Buy-Now Pay-Later credit agreements, customers can spread the cost of an item over time, thus making it easier to manage their finances. Due to the lack of borrower protections when consumers take out this […]
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