Overview

• A Censuswide poll for thinkmoney of 2,000 UK adults in September found 14% expect to use buy now, pay later for Christmas and 25% plan to use credit cards.
• Only 22% of respondents expect to clear festive bills by the end of December, signaling that many costs will roll into 2026.
• UK Finance reports BNPL use rose to 25% of UK adults last year, up from 14% the year before.
• The FCA launched a BNPL consultation in July, closed it on September 26, and is reviewing feedback ahead of final rules expected early 2026.
• A temporary permissions regime opens in May 2026 with formal BNPL regulation starting July 15, 2026, including access to the Financial Ombudsman Service for users.