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UK clamps down on 'wild west' of buy now, pay later sector with new rules

CNBC Finance LogoCNBC Finance14h ago

UK clamps down on 'wild west' of buy now, pay later sector with new rules - CNBC Finance

Quick Summary:

Buy now, pay later plans are set to face regulation in the U.K.after the government laid out proposals to bring the short-term loans under formal rules.

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UK clamps down on 'wild west' of buy now, pay later sector with new rules - CNBC Finance (Picture 1)

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Article Details

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-19 @ 11:27:09 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CNBC Finance

News ID: 28815983

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About CNBC Finance

CNBC Finance Logo

Main Topics: MarketsFinanceInvesting

Official Website: cnbc.com

Update Frequency: 3 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #6

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The story "UK clamps down on 'wild west' of buy now, pay later sector with new rules" was covered 14 hours ago by CNBC Finance, a news publisher based in United States.

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CNBC Finance is a fully independent (privately-owned) news outlet established in 2005 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 3 news stories per day.

It's most recent story was published 13 hours ago.

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  • News ID: #28815983
  • URL: https://akizukid.beamstart.com/news/uk-clamps-down-on-wild-17476558951233

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