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I've seen the afterpay button when shopping online. Hate to say it, but this is absolutely taking advantage of people with poor spending & saving habits. I see
by kart23 5y ago
I've seen the afterpay button when shopping online. Hate to say it, but this is absolutely taking advantage of people with poor spending & saving habits. I see it mostly at overpriced/luxury/hype online stores, where the desire to own a product doesn't come from a place of need, but from society & marketing. I buy some of this stuff, so I'm not hating on that. But some people are truly addicted to shopping, and enabling that is morally wrong.
- greenbeans1991 5y agoHow is it different than credit cards?
- kart23 5y agoYou can get afterpay without having credit. You can get afterpay even if you owe $7k on your maxed-out credit cards. Bank of America doesn't have a shiny button turning those $200 dollar pants into '4 payments of $50' on a website. It's like asking 'hows flavored vape juice different from cigarettes'. Both bad, but they appeal to different markets and one takes advantage in a more sinister manner. No doubt there are people that can use it in a healthy manner, but overall it's a net negative. Credit cards can be just as predatory in my view though.
- equinoxmist 5y agoJust easier. I use credit cards, but also have a Klarna account. If the shop uses Klarna, I will often use that because it is to well integrated, and then pay off Klarna with my CC, which in turn is paid a month later. Essentially I don't pay for something for over 2 months.
- deleted 5y ago[deleted]