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> Credit card companies carry out some due diligence as to the borrower's ability to pay whereas a lot of these BNPL providers do none at all. This is not true
by kolanos 4y ago
> Credit card companies carry out some due diligence as to the borrower's ability to pay whereas a lot of these BNPL providers do none at all.
This is not true. BNPLs perform underwriting just like any other lender.
- dazc 4y agoMaybe at some level I'm not aware of? I was of the understanding that just about anyone could get these deals.