Is afterpay safe? Archives

A Youth Allowance recipient had $8000 in BNPL debt. More than 100 organisations say it’s time to regulate

Emma Elsworthy

12 May 2022

Financial Counselling Australia is one of more than 100 signatories that penned an open letter to urge policymakers to reign in the emerging industry.

Beforepay, Afterpay and everything in between: Do Australia’s BNPL players have consumers’ best interests at heart?

Analysis

Stephanie Palmer-Derrien

24 November 2020

BNPL providers such as Afterpay and Beforepay continue to gain prominence, but do these operators have consumers' interests at heart?

ASIC report reveals troubling consequences of BNPL, with 20% of users skipping meals to make payments

Retail

Stephanie Palmer-Derrien

17 November 2020

According to ASIC, some users are suffering financial stress to make BNPL payments, even skipping meals or missing bills. But the regulator has not imposed any new rules.

Posts tagged "Is afterpay safe?"

A Youth Allowance recipient had $8000 in BNPL debt. More than 100 organisations say it’s time to regulate

Beforepay, Afterpay and everything in between: Do Australia’s BNPL players have consumers’ best interests at heart?

ASIC report reveals troubling consequences of BNPL, with 20% of users skipping meals to make payments