But now pay later worked out really well for everyone who bought a house 2010-2021
GreatnessToTheMoon on
Just pick the no interest option and you’ll be fine. Screw all the finance nerds and their “well actually they’re bad because if you had this specific credit card you can get X amount of points per purchase and etc”☝️🤓
WifeGuy-Menelaus on
yeah its called a credit card
ixvst01 on
Purely based on opportunity cost in microeconomic theory, BNPL is literally free money, especially since you can then make the payments on a credit card giving you another extra month to pay. The problem is the people using it don’t have the money in the first place for the purchase.
7 Comments
Nice try, Klarna.
nah
In this article sponsored by Affirm
But now pay later worked out really well for everyone who bought a house 2010-2021
Just pick the no interest option and you’ll be fine. Screw all the finance nerds and their “well actually they’re bad because if you had this specific credit card you can get X amount of points per purchase and etc”☝️🤓
yeah its called a credit card
Purely based on opportunity cost in microeconomic theory, BNPL is literally free money, especially since you can then make the payments on a credit card giving you another extra month to pay. The problem is the people using it don’t have the money in the first place for the purchase.