Checkout credit providers have been accused of making it too easy for young people to get into financial trouble, after research found they often didn't realise they were taking on debt.
A survey of 2,700 users of buy now, pay later services like Clearpay, Klarna, Laybuy, Openpay and PayPal found more than half of 18-34-year-olds had signed up without realising, while 35 per cent went onto regret their debt-fuelled purchases.
Two in five of those surveyed by Citizens Advice between January in February felt what they had signed up for was not 'proper' borrowing in the same way a credit card or loan was, and 42 per cent didn't fully understand what they were signing up for.