‘Buy now pay later’ debt trap as low-income families look towards Christmas
In a statement released last week, Chair of Catholic Social Services Australia Francis Sullivan said using BNPL companies including Afterpay, Zip Pay, Latitude and Sezzle, could lead to major debt problems in the New Year. Photo: Adobe Stock.
As low-income families around Australia look towards
Christmas and the cost of presents and celebrations, the temptation to ‘buy now
and pay late...