APT 0.00% $66.47 afterpay limited

How many BNPL users have a $100K house deposit and the ability...

  1. 7,705 Posts.
    lightbulb Created with Sketch. 2797


    How many BNPL users have a $100K house deposit and the ability to service a $500K debt? So it is really a moot point. BNPL usage tells the bank you probably aren't disciplined enough save up for a weeks or forgo discretionary spending.

    The CC is usually tacked onto the loan and is effectively a reverse mortgage. Low rates but a very, very long repayment time if you have any balance outstanding.
    Last edited by PigsMightFly: 28/07/21
 
watchlist Created with Sketch. Add APT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.