ANZ's Maile Carnegie says ugly twin of BNPL is raising its head - The Australian Financial Review

ANZ’s head of retail banking, Maile Carnegie, says its customers who use buy now, pay later services are twice as likely to default as others.

ANZ had bided its time in diving into buy now, pay later and Ms Carnegie explained that there was a good and bad side to BNPL. On one hand, for some of our customers its a really helpful budgeting t… [+2774 chars]

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