Shopper claims that buying clothes off Zip Pay ruined her credit rating
A shopper says using buy-now-pay-later services nearly cost her dream home after the purchasing scheme ruined her credit rating. Leanne, 33, a regional sales leader from Melbourne, signed up to Zip Pay to buy a $500 dress from Camilla for her sister's wedding in mid-2016. After finding the service handy, she later started using After Pay as well as an alternative payment option to help take the edge off bigger expenses. But when she went to apply for a home loan in July this year, her mortgage broker said using the seemingly harmless services had plummeted her credit rating. 'My...
Source: dailymail.co.uk