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What is the argument against BNPL? It’s like credit cards isn’t it? Instead of borrowing from credit card companies some folks are borrowing from the BNPL compa
by yalogin 4y ago
What is the argument against BNPL? It’s like credit cards isn’t it? Instead of borrowing from credit card companies some folks are borrowing from the BNPL companies. Is the worry that these people are over extended? Is there over exuberance in n that space and no checks on who to lend money and how much?
- rgmerk 4y agoBNPL is basically an attempt to avoid the limits on merchant fees, cross-subsidised by everyone who isn’t using BNPL. The whole industry can get a ticket on Golgafrinchan ark C as far as I am concerned.