horseracing section, most people enjoy betting. it is a recreational pastime and gives a great deal of pleasure, and i think we can get carried away and over stating an issue for problem glam cash gamblers thatis problem glam cash gamblers that is extremely small. i problem glam cash gamblers that is extremely small.- that is extremely small. i hear ou, but that is extremely small. i hear you. but i that is extremely small. i hear you. but i also that is extremely small. i hear you, but i also know that is extremely small. i hear you, but i also know that - you, but i also know that people derive a lot of pleasure from the odd cigarette, for example, and they see that as a bit of a timeout and nothing to get too worried about and not that many people who spoke end “p that many people who spoke end up with cancer, lung cancer smoke. do you think we will see in the future crackdown similar to what we saw with the tobacco industry? i to what we saw with the tobacco indus
welcome back. as inflation continues to rise, buy now/pay later loans have been growing in popularity. the idea is that it helps shoppers spread out the cost of, say, furniture, clothing and even everyday essentials like groceries. now, a new report tells us more about who is taking advantage of these loans. nathaniel myerson is covering this for us. why is it grows and who are the borrowers? there s been a surge in buy now/pay later loans during the pandemic. jumped about 970% in 2021. the latest data available from 2019. they re appealing to customers because you can pay in installments for just about anything. there s no credit check history required. there s some new research that shows who s using them. the customers are likely to be black, hispanic, women, folks making less than $50,000 a year,
but a difficult moment. yeah, difficult. difficult for people who work hard like my officers do. it sends a dreadful signal to society that bad people are enriching themselves on the back of decent taxpayers. if anyone s going to know what went wrong with the bounce back loan scheme, it s this man. lord agnew was the government s counterfraud minister. he resigned in sheerfrustration. i think there was a colossal naivety. the mood in the treasury was that they were desperate to get the money out as quickly as possible. what they didn t understand was that a fraud and a credit check could takes minutes. it would not have delayed the money going out. well, it wasjust maddeningly frustrating because these were own goals that could easily have been stopped. but because the events were moving so quickly, by the time we were able to tighten things up now, the horse had bolted.
of open up the banking account, if that is accepted, there will be a credit check, you have to be aware of that, particularly if you re thinking of doing more than one switch in a short space of time, which you can do. explain that, when you say more than one? you have to look at the terms and conditions for the offer. some of them might say you have to wait for 90 days, some of them might be you get the money in a couple of weeks. if you want to, you can switch again. i have done it 17 times in the last decade. eventually you run out of banks. then you start the cycle again? will they not have you any more? some of them will. some of the banks are strict. they will say if you have been