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I used to be a Home Finance Manager for a big 4 bank and...

  1. PUPTAS
    22 Posts.
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    21/10/19
    09:55
    Post #: 40981917
    I used to be a Home Finance Manager for a big 4 bank and Afterpay was a pain in the butt. If you owed $300 and were paying this off at $75 per fortnight, they would work out the monthly repayment and treat it as a personal loan that ran indefinitely. You would have to wait 3 + months for payment to end to not be treated as a liability. Not the end of the world but could fail servicing criteria. IN AUSTRALIA ONLY
    APT Price at posting: $29.65 Sentiment: None Disclosure: Not Held
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