Podknife - Buy now, pay later and the revolving door of debt by Full Story

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Buy now, pay later and the revolving door of debt

Podcast |: Full Story
Publisher |: The Guardian
Media Type |: audio
Podknife tags |: Australia,; News & Politics
Categories Via RSS |: News
Publication Date |: Nov 21, 2022
Episode Duration |: 00:26:03

Buy now, pay later services like Afterpay and Zip offer an easy alternative avenue of credit, attracting millions of users in Australia. A treasury paper released this week warns that these platforms are landing vulnerable people in a spiral of debt and the Albanese government is considering new laws to protect consumers Reporter Jordyn Beazley speaks to Laura Murphy-Oates about the true cost of buy now, pay later

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