Buy now pay later firms making contract terms fairer and easier to understand
The regulator says the four firms involved, Clearpay, Klarna, Laybuy and Openpay, have fully co-operated Some buy now, pay later firms have agreed to change terms in their customer contracts to make them fairer and easier to understand. The Financial Conduct Authority (FCA) said it was concerned there was a potential risk of harm to consumers as a result of the way some firms’ terms had been drafted. The four […]