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AAP
AAP
Bray Boland

Buy now, pay later laws introduced to shield vulnerable

Stronger protections will be introduced to protect users of buy now, pay later schemes. (Derek Rose/AAP PHOTOS)

It will be harder for vulnerable Australians to access buy now, pay later credit schemes thanks to legislation introduced in federal parliament.

The law will create stronger protections for those using credit lenders by making sure adequate user background checks are completed and lending businesses have credit licences.

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