Buy Now Pay Later, A Blessing Or Trap?
Shereen Hazirah Hishamudin, Senior Research Associate, Khazanah Research Institute
30-May-24 09:30
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Buy now pay later services have made it tempting to split a purchase into a few installments. But has it also given us a false sense of our purchasing power?
Shereen Hazirah Hishamudin, Senior Research Associate, at Khazanah Research Institute joins us to discuss what are the consumer protection in place at the moment, who is more prone to the risks of falling into a cycle of high debt, whether it can serve as a safe borrowing channel.
Khazanah research recently published a report titled “The Financialisation of Our Lives” with the second chapter focusing on the rise of buy now pay later.
Image Credit: Shutterstock.com
Produced by: Moh Heng Ying
Presented by: Moh Heng Ying
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Categories: financial wellness, young finance, sponsored content
Tags: buy now pay later, khazanah, debt, personal finance,