Borro - Media Release #2

Home Buyers Hurt by Buy Now Pay Later Purchases

Prospective property buyers are jeopardising their chances of securing a home loan because purchases made through buy now pay later (BNPL) facilities are hurting their credit score, says a leading Queensland finance brokerage. Borro™ owner Cara Giovinazzo said lenders had been taking a harder line on BNPL activities and just a couple of transactions could …

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