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BNPL startups have crazy amount of marketing, trying to get people addicted to debt
by cuteboy19 4y ago
BNPL startups have crazy amount of marketing, trying to get people addicted to debt
- puranjay 4y agoI don’t know what the regulations are in India, but in the US, the Truth in Lending regulations kick in if you’re asking for repayment in five or more instalments. That’s why BNPL companies offer four instalments so they can skirt around the regulations
- SgtBastard 4y ago2 of the 3 globally dominant BNPL providers started off outside of the US with 4 instalment payments from the outset so this seems unlikely.