LONDON : Virgin Money will enter the fast-growing 'buy now pay later' market, the British bank said on Tuesday, joining other mainstream lenders pushing into the lucrative but sometimes controversial business.
Virgin will offer a credit card that allows customers to spread repayments over a number of months, it said, with instalment fees added if they repay in nine months or longer. 'Buy now pay later' products have soared in popularity in recent years with customers buying anything from clothes to electronic gadgets, but have attracted criticism from lawmakers and watchdogs over the sometimes high rates of interest charged.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As India looks to Namibia for cheetahs, will it be a 'waste of taxpayers' money'?Conservationists have expressed concern about the return of cheetahs to India, with the giant cats set to make a comeback in the country after centuries of hunting and human encroachment wiped them out across India in 1952, when a maharaja hunted down the country’s last cheetah. Eight African cheetahs will arrive next month in India from Namibia, home to the...
Source: asiaonecom - 🏆 10. / 59 Read more »
Rogers CEO says Shaw deal would allow more money for network resiliencyOTTAWA: A combined Rogers Communications and Shaw Communications Inc would be able to invest in the resiliency of telecom networks at a level that neither company can do alone, Rogers Chief Executive Tony Staffieri told lawmakers on Monday. Staffieri made the case for approval of the proposed C$20 billion
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
How to save money on your electrical bills and avoid other hidden feesSingapore electricity tariffs are projected to rise by about 8per cent for Q3. The average monthly electricity bill for families living in a HDB four-room flat is projected to increase by $8.25 excluding GST to $111.63. Take a look at how this increase in electricity tariffs could potentially affect you and your family, and by how much: Why has the...
Source: asiaonecom - 🏆 10. / 59 Read more »
Maid went back hometown cos she can't stand her employer, but her work permit was not cancelled, so she's unable to work for another employer, agency doesn't care - The Independent Singapore News'What i need to do now😔i also need to earn money again for my family' — Maid There seems to be some confusion between the FDW and her employer. If she’s back in her home country and her permit is work still valid, write to employer and MOM to indicate she has quit her job. Seeking transfer of permit is another story altogether. korrect wat? u r on a kontract..bear with it..u suka suka walk out thinkin u r yahyah papaya..lived with it....
Source: IndependentSG - 🏆 9. / 63 Read more »
Solar car Sion to enter production in 2023
Source: STForeignDesk - 🏆 4. / 71 Read more »
Rogers CEO says Shaw deal would allow more money for network resiliencyOTTAWA: A combined Rogers Communications and Shaw Communications Inc would be able to invest in the resiliency of telecom networks at a level that neither company can do alone, Rogers Chief Executive Tony Staffieri told lawmakers on Monday. Staffieri made the case for approval of the proposed C$20 billion
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »