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23 Nov 8:26am

Call for urgent regulation of UK’s buy-now-pay-later lenders

The Guardian
Labour MP Stella Creasy says failure to act will have severe repercussions for consumers this Black Friday and Christmas Buy-now-pay-later lenders should be regulated urgently to prevent young consumers taking on a mountain of debt they may be unable to afford, Labour MP Stella Creasy will argue on Tuesday. Creasy, the MP for Walthamstow, has called a debate in parliament to draw attention to the rapid growth of companies such as Klarna.
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