How buy now, pay later shopping splurges can affect your home loan application

While they’re perfect for getting away from short-term monetary shortfall, regular usage of re re payment plans and payday advances may damage credit scores and stop home loan applications from being qualified.

Payday advances, short-term loans and the ones ‘buy now, spend later’ schemes all seem so safe, don’t they? Built to make an indulgent purchase only a little simpler to manage or provide a ‘helping hand’ to bridge the space between now as soon as you will get your wage but need crisis funds to cover an urgent bill, they are able to look like the option that is easy. Read more