Paisa Vaisa with Anupam Gupta cover image

BNPL and Hidden Costs with Dvara Research

Paisa Vaisa with Anupam Gupta

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Is the Financier's Terms and Conditions Disclosed?

Most of those terms and conditions, back and terms and conditions are not disclosed. We found that financiers sometimes retain the right to reject applications without disclosing reasons. There is no clear policy as to how the banpal provider will handle this data. Sometimes potentially unlawful clauses are hidden in the fine print. So credit reporting, le discovere that credit reporting practices ae not disclosed to customers. The arbi has taken some strong actions but we believe many beanpiel providers are the right direction.

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