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Buy now, pay later schemes: How to avoid exceeding your budget and falling into debt

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Banks work with retailers to offer 0 per cent instalment plans, usually for big-ticket items like electronics and furniture.

PHOTO: ST FILE

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SINGAPORE - A code of conduct for buy now, pay later (BNPL) providers will be released by the end of 2022.
It is a timely move as BNPL gains traction and concerns over consumer indebtedness rise.
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