Today news
About the same in other media
Call for urgent regulation of UK’s buy-now-pay-later lenders
Reading now: 620
Buy-now-pay-later lenders should be regulated urgently to prevent young consumers taking on a mountain of debt they may be unable to afford, the Labour MP Stella Creasy will argue on Tuesday.
Creasy, the MP for Walthamstow, has called a debate in parliament to draw attention to the rapid growth of companies such as Klarna.
“My concern is that the speed at which this industry is moving, with the failure of the government to act as quickly, will have very severe repercussions for consumers this Black Friday, and this Christmas,” she told the Guardian, in advance of the debate.
“I think politicians have consoled themselves that during the pandemic people have paid down their debts, they’ve saved more, they might be in a stronger financial
Read more on theguardian.comAbout this in other media
MP calls for Yorkshire Building Society vice-chair to quit over LV= role theguardian.com /2 years ago
Ethereum Developer Calls for the Community to Test the Merge cryptonews.com /2 years ago
Next German Government Calls For Crypto Regulation, Blockchain Investments cryptonews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
