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US class action against Afterpay exposes the hidden cost of BNPL – Sydney Morning Herald

The legal action itself may be frivolous but it brings the spectre of regulation back on the radar for Afterpay, which is hoping…

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A legal class action case just filed against Afterpay in California puts the spotlight on the often ignored fact that the cost to the customer of using buy now, pay later (BNPL) can be more expensive than the late fees imposed by the operators.
The legal…

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