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I would assume it has to do with mandatory payments on affirm vs absurdly low minimum payments on CCs.
by maerF0x0 3y ago
I would assume it has to do with mandatory payments on affirm vs absurdly low minimum payments on CCs.
- paxys 3y agoIt's the opposite. CCs have mandatory payments and high interest if you miss the. Affirm has no penalties even if you miss every single payment.
- maerF0x0 3y agoOh, i didn't even realize that even though I've used them xD . They kinda railroaded me onto paying the right amount each time on time to pay 0% interest. I just set it up and forgot about it and it worked.
- wincy 3y agoThey won’t penalize you financially BUT they will report the missed payment to credit reporting agencies.