{"id":5944,"date":"2016-02-26T14:00:16","date_gmt":"2016-02-26T07:00:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-cost-of-buy-now-pay-later-how-catalogue-debt-adds-up\/"},"modified":"2016-02-26T14:05:25","modified_gmt":"2016-02-26T07:05:25","slug":"high-cost-of-buy-now-pay-later-how-catalogue-debt-adds-up","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-cost-of-buy-now-pay-later-how-catalogue-debt-adds-up\/","title":{"rendered":"High cost of 'buy now, pay later': how catalogue debt adds up"},"content":{"rendered":"


\nInterest rates can be three times those of major credit cards once 0% period endsConsumers have been warned of the high cost of using \u201cbuy now, pay later\u201d deals offered by catalogues and online retailers, some of which charge almost three times as much interest as major credit cards.Debt charity StepChange said that a third of the clients it helped in 2015 had catalogue debts, and that they owed an average of just under \u00a32,000. Continue reading…
\n
\nSource : theguardian.com
\nRead more…High cost of ‘buy now, pay later’: how catalogue debt adds up<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Interest rates can be three times those of major credit cards once 0% period endsConsumers...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-5944","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1xS","jetpack-related-posts":[{"id":36212,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shop-around-to-avoid-racking-up-a-catalogue-of-pricey-debt\/","url_meta":{"origin":5944,"position":0},"title":"Shop around to avoid racking up a catalogue of pricey debt","date":"November 28, 2016","format":false,"excerpt":"\r Interest-free deals in traditional shopping directories and online can seem a good idea. But the costs can mountAlex spent \u00a3675 on a washing machine and a fridge-freezer from Littlewoods, opting to \u201cbuy now pay later\u201d. At the time his income was sufficient to make the repayments before the end\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89594,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urged-to-extend-cap-on-payday-loan-fees-to-other-forms-of-credit\/","url_meta":{"origin":5944,"position":1},"title":"FCA urged to extend cap on payday loan fees to other forms of credit","date":"May 27, 2018","format":false,"excerpt":"\r Debt charities and MPs want action when City watchdog\u2019s 18-month review is publishedThe City watchdog is facing mounting pressure to extend its cap on payday lending fees and interest to a broader range of high-cost financial products before a major review of lending practices this week. Debt charities and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rip-off-debts-soar-as-rent-to-own-catalogue-credit-and-doorstep-lending-surge-after-payday-loan-crackdown\/","url_meta":{"origin":5944,"position":2},"title":"Rip-off debts soar as rent-to-own, catalogue credit and doorstep lending surge after payday loan crackdown","date":"May 2, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Rip-off debts soar as rent-to-own, catalogue credit and doorstep lending surge after payday loan crackdown","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/build-your-own-adjaye-starchitects-design-catalogue-homes\/","url_meta":{"origin":5944,"position":3},"title":"Build your own Adjaye: starchitects design catalogue homes","date":"May 5, 2018","format":false,"excerpt":"\r Want a home designed by a top architect on an affordable budget? Entrepreneurs Cube Haus may be moving in on your neighbourhood, with the help of David Adjaye and moreWhat if buying a house were more like buying a car? 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