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: sunlife, buy now pay later, khazanah, debt, personal finance,

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