Regulation of BNPL means a better deal for consumers

New rules will allow Buy-Now-Pay-Later users to benefit from key protections offered by other consumer credit products.

New rules will provide certainty to the rapidly growing Buy-Now Pay-Later (BNPL) sector and allow users to benefit from key protections offered by other consumer credit products.

On October 17, 2024, HM Treasury (HMT) published a consultation setting out its detailed approach to regulating the BNPL market, along with draft legislation which

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