Buy Now Pay Later Firm Regulation

Buy Now Pay Later Firm Regulation

The Guardian reports “Money guru Martin Lewis has warned of an “explosion” of buy-now, pay-later companies which he said were targeting the under-30s and getting them into debt.

Lewis told MPs in a House of Commons select committee hearing that regulation was urgently required.

“It is absolutely the fastest-growing form of credit and it is targeted at the under-30s. And if you forgive me, most policymakers are not under 30 and it has gone under the radar.” Read more 

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