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United Kingdom · Report · Written statement

UIN HCWS145

Regulation of Buy-Now, Pay-Later Products

publishedUnited Kingdom· UK Parliament· EN

Introduced

21 October 2024

Last action

21 October 2024 · Written statement

Status

Commons

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Subjects

Discovery layer

Source updated

21 October 2024

Summary

Buy-Now, Pay-Later (BNPL) products have seen increasing use amongst many UK consumers, helping some to manage unexpected costs. In the 6 months to January 2023, the Financial Conduct Authority’s (FCA) Financial Lives Survey reported that 14 million consum...

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Timeline

  1. 21 October 2024

    Written statement

    Buy-Now, Pay-Later (BNPL) products have seen increasing use amongst many UK consumers, helping some to manage unexpected costs. In the 6 months to January 2023, the Financial Conduct Authority’s (FCA) Financial Lives Survey reported that 14 million consum...

    Source: Commons

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