• Buy Now, Pay Later': A Threat to Homeownership?

  • May 2 2024
  • Duración: 5 m
  • Podcast

Buy Now, Pay Later': A Threat to Homeownership?

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  • Resumen

  • In this episode we sit down with Jennifer Humphrey, one of Nova Home Loan's credit specialists, to discuss the emerging concerns in mortgage lending regarding Buy Now, Pay Later (BNPL) programs. Jennifer will break down how these popular financing options can impact borrowers' credit profiles and mortgage eligibility. We’ll explore the nuances of BNPL services, the potential risks they pose to long-term financial health, and what borrowers should consider before using these services when planning to apply for a mortgage. This episode is a must-listen for anyone interested in how modern credit facilities intersect with traditional mortgage processes. Join us to gain expert insights that could help you navigate your financial journey more wisely.
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