Of course it’s always the customers fault…not that allowing predatory practices with loan sharks % interests could potentially be against the law…..I mean…’lobbying is legal ‘ corruption….
Having access to financial resources is only for billionaires….it’s their far right extremists libertarians bros birthright…🤢
Buy now, pay later is fine as long as your plan is to pay it off before the 2-3 month period and understand the terms. Six month buy now, pay later is 100% loan sharking. As the fees for not paying off the balance in full is like 50+% interest.
5 comments
I like the cash back and points benefits from using my card. I never carry a balance, and pay in full by the end of the month and reap the benefits.
More on this subject from other reputable sources:
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– New York Times (A-): [Companies Like Afterpay and Affirm May Put Americans At Risk For ‘Phantom Debt’](https://www.nytimes.com/2023/12/20/business/economy/pay-later-credit-debt.html)
– Sun Sentinel (A-): [Financially stressed? South Floridians among US leaders in signing up for new credit cards](https://www.sun-sentinel.com/2023/12/20/are-they-financially-stressed-south-floridians-among-us-leaders-in-signing-up-for-new-credit-cards/)
– Financialexpress (C-): [Add-on Credit Cards: Good or bad for your finances?](https://www.financialexpress.com/money/add-on-credit-cards-good-or-bad-for-your-finances-3344132/)
– CNET (A-): [Maxed Out: Inside America’s Credit Card Debt Crisis — and Where We Go From Here](https://www.cnet.com/personal-finance/credit-cards/features/maxed-out-inside-americas-credit-card-debt-crisis-and-where-we-go-from-here/)
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All cash this year. Had to!
Of course it’s always the customers fault…not that allowing predatory practices with loan sharks % interests could potentially be against the law…..I mean…’lobbying is legal ‘ corruption….
Having access to financial resources is only for billionaires….it’s their far right extremists libertarians bros birthright…🤢
Buy now, pay later is fine as long as your plan is to pay it off before the 2-3 month period and understand the terms. Six month buy now, pay later is 100% loan sharking. As the fees for not paying off the balance in full is like 50+% interest.