The Latest Breaking News from BNPL

Consumers can now buy a Deliveroo takeaway using buy now, pay later firm Klarna, but experts say the idea is 'extraordinarily irresponsible' and can impact your finances

We spend almost £1bn a month through retailers’ spread-the-cost payment schemes. But many borrowers find themselves missing payments, covering instalments with credit cards – and using the schemes to pay for food and other essentials. Is online credit spiralling out of control?

A personal loan can be a good option when you need money, but it typically requires strong credit and high income to qualify

TrueMoney, a major e-payment and financial service provider in Asean, is offering a buy now, pay later (BNPL) service through its Wallet app, enabling users to make purchases from a credit line without having to spend their personal cash.