Deferred Payment Credit regulation goes live on 15 July - final preparations for firms

The FCA's new regulatory regime for Deferred Payment Credit (DPC) comes into force on 15 July 2026, bringing many products previously known as Buy Now Pay Later within the consumer credit regime.

With the implementation date now fast approaching, firms should be carrying out a final readiness review to make sure permissions, customer journeys, documentation, governance and operational processes are fully aligned with the FCA's requirements.

Areas that deserve particular attention include FCA permissions, finance agreements and customer disclosures, affordability and creditworthiness assessments, Consumer Duty, complaints handling and governance arrangements.

At Auxillias, we're already supporting lenders, retailers, dealers and DPC providers with readiness reviews, legal documentation, governance frameworks, financial promotions, customer journeys and ongoing compliance support.

Read our full briefing to see the key actions firms should be taking before 15 July.