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'Made too easy': 'Buy now, pay later' schemes ensnare consumers in Malaysia in web of purchases, debt

'Made too easy': 'Buy now, pay later' schemes ensnare consumers in Malaysia in web of purchases, debt
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Reducing the risks of buy now pay later schemes | The Malaysian Insight

Reducing the risks of buy now pay later schemes | The Malaysian Insight
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Reducing the risks of buy now pay later schemes | The Malaysian Insight

Reducing the risks of buy now pay later schemes | The Malaysian Insight
themalaysianinsight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianinsight.com Daily Mail and Mail on Sunday newspapers.

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CCA to provide clearer regulatory framework for consumer credit biz, better consumer protection

KUALA LUMPUR, April 9 The Consumer Credit Bill, targeted for tabling in Parliament in the fourth quarter of 2023, will strengthen the protection for consumers while supporting.

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Regulation of BNPL schemes timely

PETALING JAYA: The fast-growing buy now pay later (BNPL) space which is expected to be regulated and come into force by the end of this year under Phase 1 of the Consumer Credit Act (CCA) is timely, as it will ensure responsible lending and help the vulnerable from falling into debt traps.

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