Two in five BNPL users unclear what they’re signing up to – survey Barclays. „A growing indebtedness bubble could be on the horizon unless steps are taken to fully regulate lending at the point of sale.”

36 per cent of ‘buy now pay later’ (BNPL) users do not fully understand the consequences of missing repayments; 52 per cent are unaware that unregulated BNPL providers don’t have to carry out robust affordability checks; 36 per cent admit to using BNPL to spend more than they can afford and 35 per cent expect […] The post Two in five BNPL users unclear what they’re signing up to – survey Barclays. „A growing indebtedness bubble could be on the horizon unless steps are taken to fully regulate lending at the point of sale.” appeared first on NOCASH ® de 20 ani.

Two in five BNPL users unclear what they’re signing up to – survey  Barclays. „A growing indebtedness bubble could be on the horizon unless steps are taken to fully regulate lending at the point of sale.”

36 per cent of ‘buy now pay later’ (BNPL) users do not fully understand the consequences of missing repayments; 52 per cent are unaware that unregulated BNPL providers don’t have to carry out robust affordability checks; 36 per cent admit to using BNPL to spend more than they can afford and 35 per cent expect […]

The post Two in five BNPL users unclear what they’re signing up to – survey Barclays. „A growing indebtedness bubble could be on the horizon unless steps are taken to fully regulate lending at the point of sale.” appeared first on NOCASH ® de 20 ani.