2 ms·
Klarna is like a layaway program? I'm like the GP never heard of these companies other than Spotify and the Klarna website isn't very helpful
by nickstinemates 4y ago
Klarna is like a layaway program? I'm like the GP never heard of these companies other than Spotify and the Klarna website isn't very helpful
- cmckn 4y agoIt’s kind of like a payday loan type of micro-lending that integrates with merchants similarly to PayPal. I’ve never understood the appeal, it feels super predatory. But most creditors do, I guess. I first heard of it a few years ago when they did a huge ad campaign with a lot of the popular queens from RuPaul’s Drag Race.
- pbreit 4y agoIt’s frequently way less predatory: merchants pays the finance charges and payoff time is much shorter.
- bogomipz 4y agoI don't know, perhaps they're not predatory in usuary rate sense but I feel like using celebrities like A$AP Rocky and Keke Palmer to appeal to Gen Z to load up on consumer debt feels a bit questionable.
- pbreit 4y agoLayaway is the opposite: pay now, buy later.