• Charities in the UK share concerns about buy-now-pay-later schemes

    16 days ago - By Fashion United

    Citizens Advice, a UK-based network of legal, money and consumer groups, has recently sounded the alarm regarding Buy-now-pay-later schemes, saying that many users were getting into debt and struggling to pay for food and bills.
    In a recent research, Citizens Advice found that It found that 45 percent of 18-to-34 year olds have used the payment option in the last 12 months. The charity network said that, overall, 27 percent of UK adults have used these firms in the last 12 months, rising to 37 percent of disabled people and 45 percent of people with a mental health problem.
    The average...
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