It’s not good.
It’s not good.
How much do you want to bet that these are the same people that have 3 tablets, highspeed internet, cable tv, 4 streaming services... etc. This has got to be one of the more stupid things you could do.
Archive: https://archive.today/Cmzis
From the post:
>For some American consumers, “buy now, pay later” loans aren’t just for big-ticket items like televisions and vacations. They’re for groceries, too. When Tia Hodge stocked up at her local Kroger in early April, her bill was nearly $400. At checkout, she scanned her app from Klarna, a buy now, pay later company that offers short-term loans. Klarna paid the grocery store for the 71 items in the cart. Mrs. Hodge split her payments to Klarna into four installments of about $100, with zero interest.
How much do you want to bet that these are the same people that have 3 tablets, highspeed internet, cable tv, 4 streaming services... etc.
This has got to be one of the more stupid things you could do.
Archive: https://archive.today/Cmzis
From the post:
>>For some American consumers, “buy now, pay later” loans aren’t just for big-ticket items like televisions and vacations. They’re for groceries, too.
When Tia Hodge stocked up at her local Kroger in early April, her bill was nearly $400. At checkout, she scanned her app from Klarna, a buy now, pay later company that offers short-term loans. Klarna paid the grocery store for the 71 items in the cart. Mrs. Hodge split her payments to Klarna into four installments of about $100, with zero interest.
(post is archived)