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Officials keep close eye on ‘buy now pay later’ usage during lockdown

August 31, 2021

Budgeting services are warning people not to get carried away with buy now pay later products if they’re struggling to get by during the lockdown.

Official documents show that following last year’s nationwide alert level 4 lockdown, there was a significant uptake in buy now pay later usage compared to uptake for other credit products.

Excerpt from RNZ article by Emma Hatton

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