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Afterpay in Kaikohe: Lifeline or Debt Trap?
Description
Afterpay: A Lifeline or a Debt Trap? explores how the buy-now-pay-later service is transforming life in Kaikohe, a small Māori town grappling with high living costs. With Afterpay, residents can purchase essentials like gas and groceries, paying in interest-free installments. While many hail it as a game-changer, others warn of the potential for overspending and hefty fees. Nationwide, over 500,000 Kiwis have used Afterpay, highlighting the struggle to afford essentials on benefits and incomes.
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