How Buy Now Pay Later Accounts Can Trap You in Debt (and What to Do About It)

Описание: In this episode, we dive into the hidden dangers of buy now pay later accounts. They may seem like an easy way to spread out payments, but the reality is they can trap you in a cycle of debt, reduce your savings power, and even limit your borrowing capacity when it comes to applying for a mortgage.

If you’ve ever felt like your paycheck disappears before it arrives, this episode is for you.

What You’ll Learn in This Episode:

Why buy now pay later accounts aren’t as harmless as they seem.

How they can reduce your home loan borrowing capacity.

The psychology behind why so many people fall into the BNPL cycle.

Simple, practical steps to get out of the cycle and take back control of your money.

How speaking with a mortgage broker can put you on the right track toward financial freedom.

Quick Tips to Break the Cycle

✅ Audit all your BNPL accounts.
✅ Pay them down one at a time.
✅ Switch to debit or cash for everyday spending.
✅ Build a savings buffer for emergencies.
✅ Get expert guidance if you’re planning to apply for a loan.

Resources and Links Mentioned in This Episode

🏡 Book a Fee-Free Meeting with 360 Mortgage Solutions: Book Here

🎓 First Home Buyer Mini Course: Join Here

📘 Full First Home Buyers Program: Enroll Here

Final Thoughts

Buy now pay later accounts might promise convenience, but they could be the reason you’re always living behind your paycheck—and the reason your dream home feels out of reach. Tune in now to learn how to break free from the cycle and set yourself up for long-term financial success.