Australia's Afterpay says some BNPL users told to close accounts, then sold credit cards

Afterpay Users Asked To Ditch BNPL For Mortgages, Then Offered Credit Cards - FinanceFeeds

Some Australian customers using Afterpay’s buy-now-pay-later (BNPL) service say they were told to shut down their accounts to qualify for a mortgage—only to be offered a credit card once approved, according to a company survey, highlighting growing tensions across consumer finance. Afterpay, owned by Jack Dorsey’s Block, said more than 10% of 1,000 customers surveyed reported being asked by a bank or mortgage broker to cancel their BNPL accounts…

Australia's Afterpay says some BNPL users told to close accounts, then sold credit cards

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