Ninety per cent of young people had financial trouble in 2022, and 27 per cent used ‘buy now, pay later’ services

Lucas Walsh
Beatriz Gallo Cordoba
Blake Cutler

Press/Media: Article/Feature

Description

Buy Now, Pay Later (BNPL) services have been able to avoid national credit laws to hit those very often in financial difficulties.

Period	26 Dec 2022

Media contributions

1

Media contributions

Title	Ninety per cent of young people had financial trouble in 2022, and 27 per cent used ‘buy now, pay later’ services
Degree of recognition	National
Media name/outlet	7 News
Media type	Web
Country/Territory	Australia
Date	26/12/22
Description	Buy Now, Pay Later (BNPL) services have been able to avoid national credit laws to hit those very often in financial difficulties.
URL	https://7news.com.au/lifestyle/personal-finance/ninety-per-cent-of-young-people-had-financial-trouble-in-2022-and-27-per-cent-used-buy-now-pay-later-services-c-9232077
Persons	Lucas Walsh, Beatriz Gallo Cordoba, Blake Cutler

Keywords

Buy Now, Pay Later
BNPL
CYPEP
Young people
Personal finances

Related content

Outputs
Young People's Financial Strategies: Insights from The Australian Youth Barometer
Research output: Book/Report › Other Report › Research
2022 Australian Youth Barometer: Understanding Young People in Australia Today
Research output: Book/Report › Other Report › Research