18–24 year-old consumers who use ‘buy now, pay later’ (BNPL) products spend 20 per cent of their discretionary income on repayments 29 per cent are concerned about their ability to pay back what they borrowed, and nearly 8 per cent … Read the full press release →
Posted in Banks, Financial, News, Society, United Kingdom
Tagged Antony Stephen, Barclays, Barclays Partner Finance, BNPL loans, BNPL products, BNPL providers, buy now, credit score, Gen Z BNPL users, Gen Z consumers, loans, pay later, repayments, RESEARCH, Richard Lane, StepChange, unregulated credit, younger shoppers
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