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'Buy now, pay later regulation confirmed by new Government – but timeline remains unclear'
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MSE News: Buy now, pay later regulation confirmed by new Government – but timeline remains unclear
MSE_Petar
Posts: 380 MSE Staff
Regulation of the buy now, pay later (BNPL) sector WILL go ahead, the new Government has confirmed. It means consumers will finally get much-needed safeguards on BNPL purchases, as well as protection from unsustainable borrowing – something MoneySavingExpert.com (MSE) and its founder Martin Lewis have long campaigned for. Though we still don't know when any new rules will take force.
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