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The Latest Breaking News from Afterpay

Rising cost of living forces parent to use buy now, pay later services for essential medication

A Mildura mum says she has turned to Afterpay to cover medication for her disabled son while another woman says she would rather go without medicine than pay on credit.

ABC News

Sweden’s Klarna burned through $100 million a month to become a buy-now-pay-later giant in the U.S. Can ChatGPT help it turn a profit again?

Klarna, a pioneering fintech startup, seeks a rebound after a year marked by layoffs and a plummeting valuation.

Fortune

Apple joins the 'buy now, pay later' lending trend. Do you know about the downsides?

Starting this week, Apple is rolling out its version of "buy now, pay later."

Los Angeles Times

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Apple rolls out buy now, pay later service, with guardrails

Apple is getting into the buy now, pay later space with a few tweaks to the existing model, including no option to pay with a credit card

The Independent UK

New York and Company promo codes for March 2023

These {offer_count} New York and Company promo codes can help you save on designer-inspired fashion.

Marie Claire

Roxy promo codes for March 2023

These {offer_count} Roxy promo codes can help you save on clothing, accessories & more from the brand that championed women's surfing.

Marie Claire

The 5 best ‘buy now, pay later’ apps for March 2023

We compared the top buy now, pay later platforms on the market and weighed loan terms, APRs, late fees, credit limits, mobile app ratings, and more.

Fortune

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4 Stocks to Avoid Until Crypto Recovers

With the ongoing crypto winter and the threat of regulation claiming new victims in the ecosystem while driving most to the edge of an abyss, it may be wise to give Block (SQ), Coinbase (COIN), Riot (RIOT), and Marathon (MARA) a wide berth until the existential issues get resolved. Continue…

StockNews.com

Buy now, pay later? Not so fast, as the government looks to tighten regulation by year's end

Millions of Australians have buy now, pay later accounts, but the easy credit may soon be harder to come by as the government vows to crack down on the industry by the end of the year.

ABC News

Australia’s corporate watchdog joins calls for stricter regulation of buy now, pay later products

Asic raises concerns about missed payment fees and people giving up essentials to afford repayments

The Guardian - AU

Parents turn to buy now, pay later schemes to meet Australia’s soaring school costs

Financial hardship support has not kept pace with the rising cost of uniforms, books, stationery and computers, peak body says

The Guardian - AU

Cost-of-living crisis drives vulnerable Australians to buy now, pay later schemes, consumer groups say

With more people taking out loans for daily expenses, advocates urge tighter regulation of BNPL sector

The Guardian - AU

Millennial Money: 5 tactics to pay buy now, pay later debt

After the holiday season, those “buy now, pay later” bills will come due

The Independent UK

Does Block Stock Deserve a Spot in Your Portfolio in 2023?

With persistent macroeconomic uncertainties surrounding interest rate hikes, let’s examine whether Block (SQ) has what it takes to deliver sustainable returns this year. Read on….

StockNews.com

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The Independent UK

How to make holiday returns with buy now, pay later

If you bought an unsuccessful gift this holiday season with a “buy now, pay later” plan, you or the recipient might be wondering how to return it

The Independent UK

The problems with using buy now, pay later to fund travel

“Buy now, pay later” services like Affirm, Afterpay and Klarna can sometimes provide a cheaper, more accessible version of credit

Pedestrian.tv

These Aussie Do-Gooders Stop Unsold Clothes From Hitting Landfill You Could Help ‘Em

According to a report conducted by the Australian Fashion Council, around 260,000 tonnes (or 10kg per person) of clothing reaches landfill each year.Clothing can take hundreds of years to bio-degrade, releasing harsh carbon emissions in the process as its left in landfill. On top of this, the more clothes we…

The New Daily

‘Significant harm’: Government urged towards toughest option in buy-now-pay-later crackdown

Buy-now-pay-later giants like Afterpay could be forced to obtain credit licenses and check whether their customers can afford loans.

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news in one place.

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AAP

Consumer groups tough on buy now pay later

The federal government is considering making changes to buy now pay later regulations as uptake of the services climbs in Australia.

The Guardian - AU

Buy now, pay later schemes increasingly an avenue for financial abuse, report finds

A quarter of financial counsellors surveyed said at least half the women seeking help had been coerced into acquiring BNPL debts

StockNews.com

3 Stocks You Need to Sell Pronto

Despite the latest inflation data showing a marginal slowdown, inflation is still hovering around an uncomfortably high level, and an end to Fed’s hawkish stance is nowhere in sight. With businesses being increasingly hurt by slowing down demand and rising borrowing costs, it could be wise to get rid of…

The Guardian - AU

Australians turning to buy now, pay later schemes for groceries ‘stuck in a revolving door’ of debt

Financial counsellors say more and more people are turning to BNPL services for essentials such as food, petrol and bills

StockNews.com

3 Blockchain Stocks to Sell Before They Lose Even More Ground

Despite blockchain’s massive potential due to its decentralized nature and wide-ranging application, the macroeconomic headwinds have kept blockchain stocks under pressure along with other technology stocks. Furthermore, blockchain’s near-term prospects look bleak as cryptocurrency, its most popular use case, is witnessing significant declines amid regulation issues and increased skepticism. Hence,…

The Guardian - AU

One in seven buy now, pay later customers had more than 20 loans last year, Choice survey shows

Use of BNPL services to cover essential bills raises concerns as Albanese government prepares to consult on regulating the sector

The Independent UK

EXPLAINER: What to know about 'buy now, pay later'

If you shop online for clothes or furniture, sneakers or concert tickets, you’ve seen the option at checkout to “buy now, pay later” by breaking the cost into smaller installments over time

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