There’s something pretty irresistible about interest-free credit. Over the last year or two, the buy now, pay later (BNPL) market for online shopping has exploded. Unfortunately, that’s meant compromised credit scores and people who are now finding it hard to get mortgages from the high-street lenders.
The good news is that we have solutions. And we’ve written an article all about the BNPL phenomenon, covering:
- The history and growth of BNPL
- The pitfalls for customers
- What the government plans to do and when
- How you can help your clients now.
Get up to speed on BNPL by reading our article – https://themortgagelender.com/content-hub/broker-guidance/buy-now-regret-later
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