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Credit: Regulation

Question for Treasury

UIN HL15239, tabled on 26 April 2021

To ask Her Majesty's Government what steps they are taking to ensure that future regulation of ‘buy now, pay later’ products sufficiently protects consumers.

Answered on

29 April 2021

The Government will legislate in a proportionate way to counter the detriment that customers could face as use of Buy Now Pay Later products grows. The Government is engaging stakeholders and will publicly consult to gather views as it develops its approach.

Answered by

Treasury