New rules proposed for buy now pay later:.

Rules on so-called buy now pay later (BNPL) loans will be tightened up, the government says - including new guidelines on advertising and checks to ensure customers can afford to pay. Apple has said it plans to launch a buy now pay later option for users of Apple Pay, initially in the US. But critics say BNPL schemes encourage people to spend beyond their means. The loans - used by 15 million people in the UK...