I found this article pretty disgusting to be honest. The glee around BNPL and, frankly, the level of smelling their own farts rubs me the wrong way. BNPL is j

I found this article pretty disgusting to be honest. The glee around BNPL and, frankly, the level of smelling their own farts rubs me the wrong way. BNPL is just a short-term credit card good for one purchase. A debt product by any other name would smell as sweet. There is nothing special about BNPL, it’s not safer, it’s not easier, it’s incredibly destructive IMHO. It just encourages people to spend money they don’t have. The author’s comments about how “oh look, now you have 6 weeks to pay this off, easy to understand” are either incredibly native or just straight up evil (knowing they are full of shit but still pushing that narrative). People don’t often have 1 BNPL, they have many. That slope is very slippery. “I’ll just BNPL this 1 purchase, only this once, I get paid next week anyway” “Crap, my paycheck isn’t enough to pay for X and this debt, I’ll just BNPL X to get me through this but it’s the last one!” …. “Now I have 10 BNPL that are impossible to track and eat into my paychecks such that I’m forced to continue BNPL. Also I’ve gotten hit with late fees all over the place but I haven’t run the numbers of the effective interest I’m paying because that’s hidden from me” Also I’m _so glad_ the author draws the line at sports betting. Really shows how upstanding they are /s