Buy now, pay later allows people to spread the cost of purchases, normally interest-free, over a set period of time
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Levi Winchester Money Editor
00:01, 15 Jul 2026
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Almost 11 million shoppers used BNPL services in the 12 months to May 2024
A major rule change for Buy Now, Pay Later (BNPL) services is set to take effect on 15 July 2026
Treasury says shoppers will get a ‘fairer deal’ as new rules for BNPL credit are introduced on Wednesday
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From July 15, Buy Now Pay Later (BNPL) products will be subject to a new regulatory regime.
One in five people are estimated to use BNPL - but it’s important to treat even small amounts of borrowing like a loan
New rules for 10.9 million Buy Now Pay Later customers from Wednesday
