Buy-Now

Consumers lack awareness of BNPL costs

16th January 2025 Alternative Consumer Lending | #Buy-Now #Pay-Later (BNPL)

Consumers lack awareness of the true costs of Buy-Now, Pay-Later (BNPL) products, underscoring the need for more awareness of these products, alongside proactive outreach from lenders to those who may be struggling financially according to new research by the or the LSB (Lending Standards Board). BNPL use increased around the Christmas, Black Friday, and Cyber…

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Buy-Now

Consumers lack awareness of BNPL costs

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