Originally posted by Danmeech
If this is indeed a true scenario, then it just means this person love making purchases on a Tuesday. You can make as many purchases as you want up to your limit.
The limit starts low and as you use it, it increases to a peak of $2,000. If you make a payment, those funds become available again e.g. if you have $200 of outstanding payments, you'll only be able to spend $1,800. make a payment on a day of $50, and you will now have $1,850 available.
I have seen a person that purchased a few items on afterpay... It meant that for 1 fortnight she had NO income, all her pension was taken in afterpay payments.. this cant be good,,
I sat down and wrote out her expenditure... and when the afterpay will be due... she didnt realise ...now she agreed to only 1 item at a time