In a survey conducted among financial advisors in Australia in 2021, 48 percent of respondents stated that most of their clients who had Buy Now, Pay Later debt were struggling to pay for other living expenses. Just two percent of respondents stated that none of their clients with BNPL debt were struggling with other essential costs.
Share of clients with BNPL debt struggling to pay living expenses according to financial advisors in Australia as of 2021
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Financial Counselling Australia. (December 1, 2021). Share of clients with BNPL debt struggling to pay living expenses according to financial advisors in Australia as of 2021 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1289306/australia-share-of-bnpl-users-struggling-to-pay-living-expenses/
Financial Counselling Australia. "Share of clients with BNPL debt struggling to pay living expenses according to financial advisors in Australia as of 2021." Chart. December 1, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1289306/australia-share-of-bnpl-users-struggling-to-pay-living-expenses/
Financial Counselling Australia. (2021). Share of clients with BNPL debt struggling to pay living expenses according to financial advisors in Australia as of 2021. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1289306/australia-share-of-bnpl-users-struggling-to-pay-living-expenses/
Financial Counselling Australia. "Share of Clients with Bnpl Debt Struggling to Pay Living Expenses According to Financial Advisors in Australia as of 2021." Statista, Statista Inc., 1 Dec 2021, https://www.statista.com/statistics/1289306/australia-share-of-bnpl-users-struggling-to-pay-living-expenses/
Financial Counselling Australia, Share of clients with BNPL debt struggling to pay living expenses according to financial advisors in Australia as of 2021 Statista, https://www.statista.com/statistics/1289306/australia-share-of-bnpl-users-struggling-to-pay-living-expenses/ (last visited November 22, 2024)
Share of clients with BNPL debt struggling to pay living expenses according to financial advisors in Australia as of 2021 [Graph], Financial Counselling Australia, December 1, 2021. [Online]. Available: https://www.statista.com/statistics/1289306/australia-share-of-bnpl-users-struggling-to-pay-living-expenses/
