The Latest Breaking News from BNPL

Buy Now, Pay Later (BNPL) services have dramatically changed the landscape of personal lending, largely by being easy to access and not charging interest – thus avoiding national credit laws.

People are paying for blenders, shirts and even groceries in installments. New research suggests this encourages people to overspend.

A quarter of financial counsellors surveyed said at least half the women seeking help had been coerced into acquiring BNPL debts

Between a huge IPO pop and eventual stock drop, Affirm's CEO says the mission to help consumers hasn't wavered.

Financial counsellors say more and more people are turning to BNPL services for essentials such as food, petrol and bills

There are fears people will fall into further debt as the costs spiral

Consumers can now buy a Deliveroo takeaway using buy now, pay later firm Klarna, but experts say the idea is 'extraordinarily irresponsible' and can impact your finances

We spend almost £1bn a month through retailers’ spread-the-cost payment schemes. But many borrowers find themselves missing payments, covering instalments with credit cards – and using the schemes to pay for food and other essentials. Is online credit spiralling out of control?

A personal loan can be a good option when you need money, but it typically requires strong credit and high income to qualify