9 May 2023

Calls for tightening of buy-now-pay-later schemes

From Morning Report, 7:41 am on 9 May 2023

Calls are growing for the government to move more quickly to tighten the rules on buy-now-pay-later schemes.

The latest figures show a record 10.5  per cent of people who shop this way were in debt at the end of March.

Brooke Stanley Pao from Auckland Action Against Poverty.

Brooke Stanley Pao from Auckland Action Against Poverty. Photo: RNZ / Nick Monro

Coordinator of Auckland Action Against Poverty Brooke Pao Stanley spoke to Ingrid Hipkiss.