Clearpay is mentioned as a Buy Now, Pay Later service that will be subject to new UK regulations requiring affordability checks and joint responsibility for product issues.
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The reel discusses upcoming changes to Buy Now, Pay Later (BNPL) services in the UK, effective July 15th. N...
Jul 11, 2026
The reel discusses upcoming changes to Buy Now, Pay Later (BNPL) services in the UK, effective July 15th. New regulations by the Financial Conduct Authority (FCA) will require lenders to conduct affordability checks and hold joint responsibility for product failures or retailer insolvency. The creator expresses optimism about these changes, believing they will lead to more responsible consumer behavior.
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Klarna is mentioned as a Buy Now, Pay Later service that will be subject to new UK regulations requiring affordability checks and joint responsibility for product issues.
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