Consultation launched on regulating UK’s buy now, pay later credit industry

Payday loans
Booking.com

Government view that ‘limited evidence’ of consumer harm could mean laws will not be tough enough, campaigners fear

Tighter regulation of the buy now, pay later credit industry is on the way, though the government has concluded there is “relatively limited evidence” of widespread consumer harm.

The comment, in a new document from the Treasury, could indicate that legislation will be less tough than some have called for, and may explain why leading buy now, pay later (BNPL) players, such as Klarna, Laybuy and Clearpay, were quick to welcome the long-awaited consultation on how the multibillion-pound industry should be policed.

Continue reading…
—————
Boost Internet Speed
Free Business Hosting
Free Email Account
Dropcatch
Free Secure Email
Secure Email
Cheap VOIP Calls
Free Hosting
Boost Inflight Wifi
Premium Domains
Free Domains

Related Posts

Boost Inflight Internet- Business Hosting- Secure Email Account- Dropcatch Domain Names- Antisnoop Email- Free Secure Email- Cheap VOIP Calls- Free Hosting and Email- Aero Connectivity- Premium Domains for Sale- Transcom Telecom- Satphone Airtime- Mobile Plans- Free Domain Names- Organic Products- Double Check- Aviation News