While you will get access to credit, you’ll take out a new credit agreement each time you use BNPL to make a new purchase. The more credit agreements on your profile, the more likely you are to fall behind with repayments. And it could also lead lenders to think you rely on credit.
Articles in this section
- What is my Affordability Score and Report?
- Linking accounts
- What affects my Affordability Score?
- How often are my Affordability Score and report updated?
- How can gambling affect my affordability?
- Why does my Affordability Score change when I unlink an account?
- Can I link saving accounts?
- What's the difference between my credit and Affordability scores?
- What are Buy now pay later transactions (BNPL)?
- What is considered low income?