Don't get swamped by buy now pay later debts
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dailyrecord.co.ukWWW.STEPCHANGE.ORG• CAPUK.ORG or call 0800 328 0006Or speak to your local authorityRecent news that the Government will be looking at how to regulate BNPL schemes has been welcomed.Sharon Bell, Head of StepChange Scotland, says: “Buy now pay later services are often marketed as a source of convenience but the financial commitment should not be underestimated - it’s important to remember that the main benefit to retailers of offering these services is to sell more goods.“It’s essential that these services and retailers give clear, plain English information for customers, and regulators need to continue to keep a close eye on how well consumers understand the types of services they’re being offered at the online checkout – especially those.
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