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Top Tip Tuesday - Is using buy now pay later a good move?

14 June 2022
Top Tip Tuesday - Is using buy now pay later a good move?

If thinking about applying for a home loan, try to avoid any buy now pay later products such as Laybuy, Afterpay, Zip, Humm or Pay day loan type products. While these may appear to be a good idea to spread your costs on purchases (with low repayments) lenders will factor any payments being made on your statements as a regular expense moving forward, which may impact on your home loan borrowing ability.

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John White - who has written 3 posts

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