Buy now pay later debt could carry high 'wellbeing' cost

Ethan Hamilton
By Ethan Hamilton
December 22 2021 - 6:00pm
Pay Later: 84 per cent of financial counsellors surveyed have half their clients with BNPL debt according to Financial Counselling Australia (FCA) said that. Photo: Adam McLean

NEWCASTLE financial advisors have heard clients describe buy now pay later (BNPL) debt as "being like a noose around their neck".

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Ethan Hamilton

Ethan Hamilton

Journalist

Ethan Hamilton started as a digital/ print journalist with the Newcastle Herald in 2021 after interning with ACM's Voice of Real Australia/ Forgotten River podcast. He is from a small town in the Upper Hunter and has lived in Newcastle since beginning university in 2017. Twitter: @ethanjham

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