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BNPL regulation: Is consumer debt finally reaching breaking point?
BNPL has, to date, managed to escape regulations aimed at other interest-bearing loans. In the UK, where the BNPL market was worth £5.7 billion in 2021, as with regulators in... read more
The post BNPL regulation: Is consumer debt finally reaching breaking point? appeared first on Payments Cards & Mobile.
US credit card debt hits new record of $870 billion
US credit card debt has hit a new record of $870 billion as of December 2018, according to the data from the Federal Reserve. Credit card balances rose by $26... more
The post US credit card debt hits new record of $870 billion appeared first on Payments Cards & Mobile.