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Is buy now, pay later a modern debt trap?

Checked for accuracy by our qualified fact-checkers and verifiers. Find out more about fact-checking at CHOICE. Need to know Financial counsellors say the number of vulnerable customers getting into financial difficulty with BNPL is on the rise   Many customers have multiple BNPL accounts Some customers are using payday loans to cover BNPL debts  For Leash Sullivan, a 34-year-old single mother who lives in the suburbs of Adelaide, the last year has been tough. She works in hospitality and events and saw her hours greatly reduced during the coronavirus pandemic, which meant she increasingly had to rely on government support payments through JobSeeker.

Go Footy – Round 8

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Ever Given: Clearing the Suez Canal took days Figuring out the costs may take years

Synopsis Teams from the German company that hired the crew and a consortium of insurers for the ship’s owner are just starting to investigate what caused the marooning of the Ever Given. AP The ship is as long as the Empire State Building is tall, with the capacity to carry 20,000 containers stacked 12 to 14 high. TOKYO: It took six days to prise free a giant container ship that ran aground and clogged the Suez Canal, one of the world’s most crucial shipping arteries. It could take years to sort out who will pay for the mess. Cargo companies, insurers, government authorities and a phalanx of lawyers, all with different agendas and potential assessments, will not only need to determine the total damage but also what went wrong. When they eventually finish digging through the morass, the insurers of the ship’s Japanese owner are likely to bear the brunt of the financial pain.

Clearing the Suez Canal took days Figuring out the costs may take years

Clearing the Suez Canal took days Figuring out the costs may take years
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Buckhaven Capital Corp : Buckhaven Provides Update on its Proposed Qualifying Transaction

Buckhaven Capital Corp.: Buckhaven Provides Update on its Proposed Qualifying Transaction Vancouver, British Columbia (Newsfile Corp. - February 12, 2021) - Buckhaven Capital Corp. (TSXV: BKH.P) ( Buckhaven ) is pleased to provide an update to its proposed qualifying transaction (previously announced on August 18, 2020 and November 3, 2020) (the Transaction ). In furtherance of the Transaction, Buckhaven, 1271860 B.C. Ltd. ( Buckhaven Subco ), 1254688 B.C. Ltd. ( 125 ), and Ag-Mining Investments AB ( AG-Mining ) have entered into a master agreement dated October 30, 2020 (the Business Combination Agreement ), which sets forth the terms and conditions upon which 125 will acquire Buckhaven by way of reverse takeover in accordance with the policies of the TSX Venture Exchange (

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