Australians who are hoping to get a mortgage have been given a warning as pressure on Afterpay and other providers ramps up.
Finance experts have warned house hunters to “stay away” from buy now, pay later platforms such as Afterpay, with spending habits viewed as a hurdle for home loan applications.Mortgage Choice chief executive Susan Mitchell echoed the warning in a comment provided to news.com.au.
“If you’re looking to apply for your first home loan in the near term, stay away from buy now pay later services,” she said.
