WTF?! People buy groceries with "buy now, pay later loans?" Crazy! You consume groceries, there is no value after it's consumed. You can not borrow money for this!

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WTF?! People buy groceries with "buy now, pay later loans?" Crazy! You consume groceries, there is no value after it's consumed. You can not borrow money for this! (www.cnbc.com)

I admit, I'm getting cognitive dissonance with the idea of borrowing money to pay for shit you consume that has no residual value later. This makes absolutely no sense. WTF?

Lenders are ok with this business model?

I admit, I'm getting cognitive dissonance with the idea of borrowing money to pay for shit you consume that has no residual value later. This makes absolutely no sense. WTF? Lenders are ok with this business model?

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[–] • 1 pt

Ok, at what point will buy now pay later stop working? The government can do this because they can counterfeit currency, deplorables can not. What next?

The point I'm trying to make is, this idea is not sustainable. It must end. Right?

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[–] • 1 pt

The point that it's not sustainable is exactly why they are doing it.

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[–] • 1 pt

It's a feature.

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/s/insanity

created ago

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