‘Buy now, pay later’ schemes are booming. But with more users turning to them, are they as risk-free as they seem? “Buy now, pay later” has become a retail fixture seemingly overnight, and Cyber Monday is set to be the services’ biggest sales day yet. But as these payment options offer customers freedom and flexibility, […]
Tag: debt
Criminal charges against Australian debt collection company Panthera Finance dismissed | Debt collection
Criminal charges against one of Australia’s biggest debt collection firms have been dismissed after the company successfully argued it was not technically engaged in debt collection. In a committal hearing at the Melbourne magistrates’ court on Tuesday, magistrate Michelle Hodgson dismissed the charges against Panthera Finance and ordered that Consumer Affairs Victoria pay costs. A […]
Could the Budget help turn Generation Z into generation debt?
Ben ChuPolicy and analysis correspondent, BBC Verify Getty Images Chancellor Rachel Reeves’ upcoming Budget is expected to justify tax increases as a vital measure to keep the UK’s national debt under control. Some have argued keeping the national debt down protects the financial interests of younger people. That’s because if the country’s debt went up […]