Buy Now, Pay Later: The New Debt Crisis?
Ellie Flynn investigates the Buy Now Pay Later market’s close relationship with retailers and asks if enough is being done to protect customers from ending up with big bills they can’t afford.
The way we shop is changing, and buying now and paying later has never been easier. Purchases made through companies like Klarna and Clearpay have tripled to an estimated £2.7bn. The companies say they are revolutionising credit by helping customers spread purchases over a number of months, but debt charities are becoming increasingly concerned. Reporter Ellie Flynn investigates the Buy Now Pay Later market’s close relationship with retailers and asks is enough being done to protect customers from ending up with big bills they can’t afford.
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Credits
Role | Contributor |
---|---|
Reporter | Ellie Flynn |
Producer | Charlie Mole |
Executive Producer | Alistair Jackson |
Editor | Karen Wightman |
Broadcasts
- Mon 13 Dec 2021 19:35±«Óãtv One except Wales & Wales HD
- Mon 13 Dec 2021 22:40±«Óãtv One Wales HD & Wales only
- Wed 15 Dec 2021 03:30±«Óãtv News UK HD & UK only
- Sat 18 Dec 2021 00:10±«Óãtv Two except Northern Ireland & Northern Ireland HD
- Mon 20 Dec 2021 01:00±«Óãtv Two Northern Ireland & Northern Ireland HD only
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