Britain will soon lay out new plans to regulate 'buy now, pay later' firms like Klarna after delays

A U.K. Treasury department spokesperson said the government will set out plans to regulate "buy now, pay later" plans "shortly."

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Too many people end up in debt spirals with these BNPL companies because there's no consistent safeguards against it, so we absolutely should be regulating them better. We shouldn't be leaving financially vulnerable people to the wolves.

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