New ‘buy now, pay later’ affordability checks may cover even smallest loans

<p>City watchdog publishes details of its plans to regulate the BNPL market, which has now grown to £13bn </p><p>Lenders may have to carry out affordability checks on even the smallest buy now, pay later loans under new rules drawn up by the City watchdog.</p><p>The <a href="https://www.theguardian.com/business/financial-conduct-authority">Financial Conduct Authority</a> (FCA)on Friday published details of its plan to regulate the £13bn buy now, pay later (BNPL) market.</p> <a href="https://www.theguardian.com/business/2025/jul/18/buy-now-pay-later-regulation-fca-affordability-checks">Continue reading...</a>