NZ Debt Is Rising: Why Kiwis Can't Quit Afterpay

That $75 payment might be costing you more than you think. In this episode, James and Mike unpack the rapid rise of Afterpay and buy now, pay later services, why nearly 100,000 Kiwis are behind on repayments, how short-term debt spirals out of control, the impact on budgeting and mortgage applications, and what to do if you're already stuck in the debt cycle. Next Steps: If debt, cashflow, or budgeting is becoming a source of stress, our team can help you create a plan to regain control and build a stronger financial future. https://lighthousefinancial.co.nz/bud... For more money tips follow us on: Facebook -   / lighthousefinancialnz   Instagram -   / lighthousefinancialnz   The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.