Business · 1 hour ago

BNPL lenders like Klarna must now check you can afford repayments

Buy now, pay later (BNPL), where you split a purchase into instalments, is now regulated in the UK, with new rules starting in July. Firms including Klarna and Clearpay must obtain regulatory approval, and shoppers will benefit from faster refunds as well as being able to complain to the Financial Ombudsman. Stricter checks could mean some people are refused BNPL for the first time.

By BriefTea Editorial · 3 November 2026 at 16:06

Reported by finway.com.ua · How we write briefs

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