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This article screams fabricated outrage. > Are “Buy Now, Pay Later” Retail Loans a Rip-Off? Uh, no? Not if the loan is interest-free! > A charming dinner pla
by BugsJustFindMe 5y ago
This article screams fabricated outrage.
> Are “Buy Now, Pay Later” Retail Loans a Rip-Off?
Uh, no? Not if the loan is interest-free!
> A charming dinner plate costs $28 or “4 interest-free installments of $7.00 by Afterpay.”
This is exactly like using a credit card and paying the previous month's balance on time.
> Because of the ease of access to credit, the danger is that somebody who is borrowing may not be in the best position to borrow
Yeah, so don't fucking do that. That doesn't make interest-free loans a rip-off.