No, Afterpay does not affect your credit rating, even if you pay late.
We don't do credit checks, and we don't report information to credit bureaus or agencies.
When you join Afterpay you start your journey with us on low spending limits that only increase with repetitive on time repayment behaviour.
If your repayments are late, we immediately pause your account so you cannot buy anything else with us until your payments are up to date.
We won’t charge you fees if payments are made on time. We never charge interest, and there are no establishment or account keeping fees.
We have capped late fees to a maximum total of $68 or 25% of the purchase price, whichever is less, and send you payment reminders of upcoming payments.
Find out more about how Afterpay works.