Afterpay is a new payment option that allows you to buy without paying anything upfront. Payment is made over four instalments, but your order is sent straight away.
I’ve used it and I think it’s great, but it’s so tempting to keep buying!
They are good with sending reminders about upcoming payments (which are automatically deducted from your account) but it’s still something for shopaholics or bad money managers to watch out for.
If you get too excited with using Afterpay without monitoring, you could forget how much you need to repay and find yourself in trouble!
Posted by Fiona M - The Hills Mama, 13th October 2016