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Buy now, pay later crackdown to curb predatory lending


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Buy now, pay later providers will face tough new regulations as part of a federal government crackdown on the sector. Providers will be required to have a credit licence and have processes to handle disputes and hardship claims.
Reporter: Peter Ryan, senior business correspondent
Featured: Stephen Jones, Assistant Treasurer and Financial Services Minister; Peter Gray, ZIP co-founder
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Peter Ryan_ABC News SoundcloudBy Peter Ryan