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    During Debt Review

    Can I buy furniture on lay-by while under debt review?

    Yes, lay-by is not considered credit and is allowed during debt review.

    Lay-by works by:

    • Paying for an item in instalments before receiving it

    • The store holds the item until fully paid

    • No interest or credit is involved

    However, ensure that:

    • The lay-by payments fit within your approved budget

    • You're not using money meant for debt repayment

    • You discuss major purchases with your debt counsellor

    Lay-by can be a good way to make necessary purchases without violating debt review terms.

    Expert Answer

    Provided by NCR-registered debt counsellors (NCRDC3106)

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