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Interview: We're smarter with credit cards - but is BNPL the new risk?

Interview: We're smarter with credit cards - but is BNPL the new risk?

FEAR & GREED | Business News · Fear and Greed

August 20, 202412m 24s

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Show Notes

Ten years of credit card data shows Australians are becoming smarter with card usage, reducing their interest-accruing debt. But with the rise of Buy Now Pay Later services, there's a growing concern that this debt is simply shifting to less regulated platforms.

Rachel Wastell, personal finance expert at financial comparison site Mozo, talks to Sean Aylmer about the research, and a new polarising trend in credit cards.

Find out more: https://fearandgreed.com.au/

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Interview