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Key takeaways The FCA has published details of the ‘proportionate’, ‘flexible’ and outcomes-focused conduct regime it is proposing for newly ...
The Financial Conduct Authority (FCA) has confirmed that buy now, pay later (BNPL) will be subject to stricter affordability checks. BNPL is an alternative payment method that allows customers to ...
Rossman believes that customers who pay their debts promptly should be fine under the new rules, but hedges his bets despite FICO assurances. "Things like frequent opening and closing of accounts ...
Depending on how you use buy now, pay later (BNPL), improper usage could really hurt your credit score, even tank it. Here's ...
COMMENT: They’ve exploded in popularity particularly with 25 to 34-year-olds. But do they really know what they’re getting ...
The proposals include requiring lenders to check that people can afford to repay BNPL loans and to offer support if they get ...
The new rules will also mean that BNPL users can make complaints to the Financial Ombudsman Service if something goes wrong ...
Britain's financial watchdog on Friday proposed rules to protect buy now, pay later (BNPL) borrowers, including affordibilty ...
FCA proposes new rules requiring affordability checks on even the smallest ‘buy now, pay later’ loans, aiming to protect ...
Founded in 2012 by brothers Chijioke and Ngozi Dozie, Carbon has evolved into a household name with standout offerings like ...
A Gen Z Aussie has revealed why she ditched her credit card, like many others in her generation, claiming she became buried ...
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