90% of young people had financial troubles in 2022, and 27% used 'buy now, pay later' services
- Written by The Conversation
ShutterstockBuy Now, Pay Later (BNPL) services have dramatically changed the landscape of personal lending, largely by being easy to access and not charging interest – thus avoiding national credit laws.
In the 2021-22 financial year, according to data from the Reserve Bank of Australia, the number of active BNPL accounts in Australia rose...














