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Buy now, pay later

May 2024

  • left: Karin Adams holding bowl of daffodils next to her stepfather; right: candles next to framed photo

    ‘Die now, pay later’: funerals are pushing grieving families into debt as the cost-of-living crisis hits

  • A sign for a buy now, pay later app

    US to apply consumer protection rules to buy now, pay later lenders

April 2024

  • An advert for Klarna’s ‘buy now pay later’ facility outside a shop in Manchester

    Fears of spiralling debt as ‘buy now pay later’ credit quadruples in UK

    Campaigners and MPs demand regulation of sector as struggling consumers increasingly use the deals to buy everyday essentials

November 2023

  • Presents under a Christmas tree in a family home

    One in four adults in UK to buy now, pay later for Christmas, study shows

  • A smartphone displays a Klarna logo

    Buy now, pay later firm Klarna reports first quarterly profit in four years

August 2023

  • A Klarna Bank AB (Klarna) logo is seen on a smartphone

    Buy now, pay later firm Klarna reports first month of profit in three years

    Fintech company still made second-quarter operating loss of £62m as calls grow for sector to be regulated
  • Klarna credit payment scheme. Advertising Klarna available in a store on London Oxford St. Klarna is a buy now pay later system popular with the young.<br>2CW4E11 Klarna credit payment scheme. Advertising Klarna available in a store on London Oxford St. Klarna is a buy now pay later system popular with the young.

    Tell us: what’s your experience with buy now, pay later schemes in the UK?

    We want to hear from people using companies like Klarna and Clearpay and if they worry about debt issues
  • Heather Stewart

    Buy now, pay later firms stay unregulated – and Britons are racking up debt

    Heather Stewart
    Estimates suggest one in 10 consumers who use companies such as Klarna and Clearpay end up with debt collectors as no safeguards in place

July 2023

  • Pound coins on top of £5, £10, £20 and £50 notes

    Anxious and at risk? Britons fall into six cost of living groups, report finds

  • Woman holding a mobile phone

    Australians lodge almost 100,000 banking and finance complaints in year

May 2023

  • The Liberal member for Bass, Bridget Archer, has Archer has committed to campaigning strongly for the Indigenous voice to parliament.

    Australia news live
    MP speaks out against voice claims – as it happened

    Follow live
  • money in till

    Crackdown on buy now, pay later schemes announced as Labor warns of dangers of growing debt

    Under government reforms, schemes to be regulated as credit products in Australia
  • EDI SPINA LOANS<br>Edi Spina 60 years old in her Northcote social housing home  with her 17 year old dog Mr. P and her fridge. She’s taken out three charity managed interest free loans to help with large purchases, a fridge, washing machine and glasses. Melbourne, Australia. Picture : Penny Stephens. The Guardian Australia. Monday 15th May 2023

    Inequality reporting
    The no-interest loans helping Australians get back on their feet

    More than 350,000 zero-interest loans have been given to those on low income since 2003 – and experts say the financial alternative has changed lives

April 2023

  • A person pushes a trolley of groceries along a street with a tram in the background

    Australia’s rising cost of living is pushing people to buy now, pay later – but debts are stacking up

  • Draw of a cash register with $20 notes

    Australians among the least likely in the world to pay with cash, global report finds

February 2023

  • Cellphone with business website of Swedish payment company Klarna Bank AB on screen in front of logo. Focus on center of phone display.<br>2EWHW09 Cellphone with business website of Swedish payment company Klarna Bank AB on screen in front of logo. Focus on center of phone display.

    Share your experiences of buy now, pay later services

  • People shopping in Sydney, Australia

    Australia’s corporate watchdog joins calls for stricter regulation of buy now, pay later products

  • A woman using a laptop

    Ministers launch long-awaited consultation on buy now, pay later firms

  • Students return to school on the first day of term one

    Parents turn to buy now, pay later schemes to meet Australia’s soaring school costs

January 2023

  • Representatives of Afterpay were observed signing people up to the service during an annual toy sale in Queensland.

    Cost-of-living crisis drives vulnerable Australians to buy now, pay later schemes, consumer groups say

    With more people taking out loans for daily expenses, advocates urge tighter regulation of BNPL sector
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