Buy Now Pay later

This week, I am joined by Janice, part of the Black Girl Finance team, to discuss Buy Now Pay Later (BNPL).  Buy now pay later companies have sprung up out of nowhere, new shiny and plastered overall shopping carts and payment options of absolutely everywhere I shop. Easy to use and now thoroughly embedded into our online shopping experience, no wonder BNPL has taken off. However, what are the downsides of BNPL, the FCA will be bringing in regulation and charity Step change have raised concerns about the increasing debt of young people attributed to BNPL.  We discuss What BNPL is? Why you might decide to use it, and how to use it effectively.