Part of the debate – in the House of Commons at 11:38 am on 10th December 2020.
Please may we have a debate on the fast growth of the buy now, pay later sector, as highlighted this week by Martin Lewis in the Treasury Committee? These firms are targeting predominantly under-30s who in the run-up to Christmas are shopping online with what is an explosive form of credit that may leave many in debt. Even some in the industry acknowledge that this form of credit needs to be regulated.