More people reporting financial trouble from ‘buy now, pay later’ services | ABC News

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The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.

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  • ABC News (Australia) published this video item, entitled “More people reporting financial trouble from ‘buy now, pay later’ services | ABC News” – below is their description.

    Credit card debt has reduced and the savings rate has risen, but financial counsellor are still worried about people already in financial stress extending themselves at Christmas.

    They’re receiving more calls from people in trouble with buy now, pay later providers, and an Indigenous financial counselling services says some platforms are specifically targeting Indigenous Australians.

    Stephanie Chalmers reports.

    ABC News (Australia) YouTube Channel

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    Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.

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