Buy Now Pay Later rules to bring refunds and rejections
Consumers should be better protected as Buy Now Pay Later lenders now require authorisation to operate.
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"While regulation is clearly needed and welcomed, our recent research found that nearly half of those likely to be rejected have not missed a BNPL payment."
— Kate Pender , Executive
"It didn't feel like debt. It felt like convenience. You're buying something online and it says 'split it, pay later'. You think you're being sensible."
— Tim Riesner , Other
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Consumers should be better protected as Buy Now Pay Later lenders now require authorisation to operate.
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