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Buy-now-pay-later, fast cash sector warned

Buy now pay later and fast cash providers are in the sights of corporate regulator ASIC. (Derek Rose/AAP PHOTOS) (AAP)

Buy now pay later and fast cash providers are in the sights of the corporate regulator, as households come under pressure from rising interest rates and price inflation.

The Australian Securities and Investments Commission is also on the warpath over high risk cryptocurrency products being flogged to retail investors.

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