Money Is 'buy now, pay later' actually costing us more?

02:32  08 january  2018
02:32  08 january  2018 Source:   MSN

'Jeopardy!' Player Loses Thousands After Mispronouncing 'Gangsta's Paradise'

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Is ' buy now , pay later ' actually costing us more ? Most Australians are looking forward to the day they can finally retire and enjoy a stress-free lifestyle, but many are not financially equipped to handle that change.

A new finance technology company is offering a new method of ' buy now , pay later ' but experts warn it could be dangerous. ZipMoney is described as an alternative payment solution for out of pocket healthcare costs with weekly, fortnightly or monthly repayments. So far more than 1000 healthcare

Money is taken out of a purse© AAP Image/Alan Porritt Money is taken out of a purse A new finance technology company is offering a new method of 'buy now, pay later' but experts warn it could be dangerous.

ZipMoney is described as an alternative payment solution for out of pocket healthcare costs with weekly, fortnightly or monthly repayments.

So far more than 1000 healthcare providers are onboard - including dental, audiology, podiatry, optometry and medical.

Clinics are charged a merchant fee, similar to a accepting visa or mastercard.

Dentist Dr Rueben Sim says it's been popular at his practice.

"Patients that need more extensive treatment like multiple dental implants, multiple crowns and root canals, extensive work that needs quite a bit of time, that's going to be quite hard for the public system to cope," he said.

Lenovo Says Its Latest ThinkPad X1 Laptops Are "Bloatware Free"

  Lenovo Says Its Latest ThinkPad X1 Laptops Are Lenovo's latest additions to its ThinkPad X1 series of laptops has been announced with the unveiling of the X1 Tablet, X1 Carbon and X1 Yoga, marked to be available in Australia in February. And according to them, they are now entirely bloatware free. Finally. The X1 Tablet sports a 13-inch, HDR ready 3k display and an Intel 8th Gen processor along with an IR camera and fingerprint reader for better security, while both the X1 Carbon and X1 Yoga are, according to Lenovo, the world's first laptops announced that will support Dolby Vision HDR - albeit in a future update.

Buy Now Pay Later . Spread the Cost . Your Credit Rating. More About Us . There are only a handful that actually offer buy now pay later options and we have found the best just for you!

Is ' buy now , pay later ' actually costing us more ? Most Australians are looking forward to the day they can finally retire and enjoy a stress-free lifestyle, but many are not financially equipped to handle that change.

While the average loan is around $3000, Dr Sim told 9NEWS it's handy for those who need to fork out even larger amounts for urgent work.

The maxiumum loan is $30,000, with interest-free periods ranging between six to 24 months.

If patients fail to pay it back within the interest-free period, the interest on the outstanding balane is charged at 19.9 percent.

Consumer advocates are warning potential users to make sure they look closely at the fine print.

Returning Henriques seals final-ball derby win for Sixers .
Sydney Sixers finally claimed a Big Bash League win at the seventh attempt, beating Sydney Thunder in a derby that went down to the wire.The Sixers had lost six out of six BBL matches this season, but salvaged some pride in the Sydney Smash at the SCG on Saturday, striking a major blow to their city rivals' semi-finals hopes.

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