Article preview: A rising number of young people who have used Buy Now Pay Later services have been unable to pay for food, rent or bills as a result. The research from charity Citizens Advice found that 45% of 18 to 34-year-olds in the UK have used these Buy Now Pay Later services in the past year. However, half of the young people borrowing money this way did so without realising it, and one in three subsequently regretted the decision.
Buy Now Pay Later put under the spotlight
This 495-word blog post looks at new research from Citizens Advice into some of the issues with Buy Now Pay Later services. Written on 23rd April 2021.
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