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 ...

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 ...

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 ...

Welcome to our live blog tracking the latest news and developments from Australia. Stay updated with real-time insights into ...

Credit restoration expert Micah Smith cautions over buy now, pay later loan data hitting your credit report negatively and ...

Pay Later gains traction, experts warn that rising defaults could hurt consumers’ credit scores, stressing the need for ...

Finder.com reports that BNPL can be cheaper short-term than credit cards, but credit cards offer more consumer protections ...