![]() ![]() ![]() If you’re a new Afterpay user, the amount you can spend will be lower than if you’ve been responsibly using the platform for a long time. Here are some further insights on how your actions impact your spending limit. We’re committed to making sure that our community feels empowered and in control of their finances, so if you’re facing financial hardship and are unable to make payments, contact us to ask about how we might be able to help. Just as there are things that might decrease the amount you can spend, good spending behaviour like making payments on time might increase what you can spend with your account. ![]() How often orders get declined due to insufficient funds on the payment method on-file. ![]() Here are a few things to look out for that may impact your available spending: Your Afterpay payment history is an important factor that affects how much you can spend with your account. We know that being aware of factors that influence your available spending can help you stay in control of your finances, so we’ve broken down some of those factors below: The amount you can spend using Afterpay generally changes based on how you use your account. You will be shown an estimated amount you can spend when you log into your account or app. Factors like your repayment history to shopping habits are considered in your spend limit. You should also make sure that the card you’re going to pay with has enough funds to cover the 1st payment.Pay Monthly orders are subject to a credit check in addition to Afterpay’s proprietary underwriting and risk models that considers both traditional and nontraditional factors. To do this, check your account before making purchases to find out what you have available to spend. Typically, the longer you’ve been using your account-and have made payments on time-the more likely the amount you can spend will increase.Īvoid declined purchases based on insufficient fundsĪvoiding declined purchases is one way to help increase the amount you can spend with us in the future. ![]()
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