Young, dumb and living off mum. That was how the Bank for International Settlements characterised the average buy now, pay later user in a recent report.
This form of unsecured lending allows users to pay in several interest-free instalments. Its popularity is surging. BNPL use on Black Friday was 30 to 40 per cent higher this year. It is expected to feature heavily in Christmas shopping this year.
Back in 2020, Lex took the view that BNPL was just the kind of risky lending that banks were no longer willing to do.
您已閱讀25%（519字），剩餘75%（1528字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。