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Left unsaid is the implicit threat that an Apply Pay Later scheme could utilize to enforce repayment, namely the control of your digital life in their walled ga
by htrp 3y ago
Left unsaid is the implicit threat that an Apply Pay Later scheme could utilize to enforce repayment, namely the control of your digital life in their walled garden.
Don't pay a BNPL scheme, maybe they start shaming you to your iMessage contacts or progressively disabling the apps that you can use on your phone.
- gruez 3y ago>maybe they start shaming you to your iMessage contacts thats illegal >Social media and other electronic communications. A debt collector may not use social media to publicly post about a debt that they claim you owe. https://www.consumerfinance.gov/ask-cfpb/what-laws-limit-what-debt-collectors-can-say-or-do-en-329/ https://www.consumerfinance.gov/ask-cfpb/what-laws-limit-wha...
- wlesieutre 3y agoRight, they’ll just deactivate your iCloud account and take away everything you’ve ever bought on iTunes or the App Store
- hiatus 3y agoThat sounds like it would invite regulatory scrutiny.
- bandergirl 3y agoHopefully! We need that yesterday. Google and Apple cannot threaten to pull the keys to your (digital) house without recourse.
- kaba0 3y agoWhy would they? Like, that’s what laws are for, they have enough money to employ full time lawyers just for helping debt repayment enforcements through court.
- anonuser123456 3y agoI would really doubt that. Holding digital identity (e.g. iCloud email, iMessage etc) hostage would cause the general customer base to lose an immense amount of trust in them. As an example, I'm 100% in the Apple ecosystem and totally happy with it. I would dump it tomorrow if they went down that road.