Buy now pay later and your credit score: what you need to know

Buy now pay later feels easy in the moment, but what does it actually mean for your credit score? In this episode, our hosts unpack the MyBudget article on Afterpay and other BNPL services, breaking down how they work and what impact they can have on your financial future.They explore why BNPL has become so popular, the common misconceptions around credit scores, and the risks that often get overlooked. Our hosts share key takeaways from the blog, including how missed payments, multiple accounts, and overuse can affect your financial position, and what to watch out for if you’re relying on BNPL to get by.They also highlight the free resources linked in the article, including budgeting tools, debt guides, and personal budget templates that can help you stay in control, reduce reliance on credit, and build a stronger financial foundation.👉 Visit mybudget.com.au to read the full article, access the free tools, and see how MyBudget helps Australians reduce money stress and take control of their finances.📞 Need financial help right now? Speak with one of our expert Money Coaches on 1300 300 922.