LayBuy is a Buy Now Pay Later service, allowing its consumers to spread the cost of any purchases over a fixed 6 weekly payment plan. This will be interest free, but you could incur charges if you miss any payments.
Types of Debt FAQs
With the so called ‘death of the high street’ and Coronavirus, there has never been a more troubling and challenging time for retail. What were once well established high street staples like Debenhams, BHS and Monsoon have found business so tough they have even had to close down. This can often mean that we find ourselves in a situation where we think we owe money to a business that has shut. What happens to our debt? Do I need to keep paying it off or will it simply be written off?