Posts tagged "credit"

Real estate agents are starting to cheer about the increase in property prices, but business owners looking to banks for loans have little to cheer about.

Buy-now-pay-later giants Afterpay and Zip have signed onto a new industry code of conduct to improve consumer protections... but merchants have missed out.

Should buy-now-pay-later services such as Afterpay be able to prevent merchants from passing on their fees to customers? Merchants say yes.

Commonwealth Bank has joined Snoop Dogg as a shareholder in buy-now-pay-later giant Klarna, with the intention of taking on Afterpay.

Now out the other side of regulatory scrutiny, BNPL players such as Afterpay and Humm are looking to a future with broader demographics.

Afterpay is going cap in hand to investors for support in realising ambitious growth targets by expanding overseas and "scaling" its SME business.

In light of the rise of buy-now-pay-later offerings, should the law be changed to make a distinction between credit and debt?

Small businesses are increasingly turning to non-bank sources for loans, with alternative-lending startups almost growing faster than they can handle.

There is concern banks will tighten the reigns on credit card lending after ASIC revealed a non-binding set of commitments for banks.

Only one in six major buy-now-pay-later providers are examining the income and existing debts of their customers, ASIC says.

Afterpay has had a tumultuous week as some of its clients welcome an inquiry that will cover its business.

Financing is becoming more difficult for business owners in the midst of fallout from the banking royal commission, with some seeking alternative paths to credit.