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THE Consumers Credit Commission will soon be realised with the passage of the Consumers Credit Bill 2025 in the Dewan Rakyat.
Arrears on personal loans are also creeping higher. In fact, theyve now exceeded 10% for the second month in a row. While ...
BNPL and flexible education loans work by allowing students or their families to pay tuition and associated fees in smaller, ...
Key takeaways The FCA has published details of the ‘proportionate’, ‘flexible’ and outcomes-focused conduct regime it is proposing for newly ...
FY25, driving a 9% YoY gross profit increase to $898 million. Click here to read an analysis of XYZ stock now.
Visa continues to grow amid stablecoin noise, backed by strong earnings, resilient spending, and innovation in digital ...
BNPL lets people dig deeper into the debt hole, which “will be harder and harder to climb out of,” Ed deHaan, an accounting professor at Stanford Graduate School of Business, told Bloomberg News. That ...
Pay Later (BNPL) services have emerged as a popular method for consumers to access credit. Typically offered at the point of ...
Retail Banker International on MSN14h
FCA plans to regulate BNPL-industry reaction
Borrowers will require to pass new affordability checks from July 2026 as part of Financial Conduct Authority plans to ...
The surge in BNPL transactions exposes consumers to risks, especially those in the low-income group and with poor financial ...
A LendingTree survey found 41% of Buy Now, Pay Later users made a late payment over the last year, up from 34% a year ago.
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 ...