this post was submitted on 28 Apr 2025
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More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says (www.nbcnews.com)
submitted 1 week ago by [email protected] to c/[email protected]
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[–] [email protected] 11 points 1 week ago (1 children)

I think their rates might actually be higher, but they're likely a lot less strict than credit cards in terms letting you get loans. People might've already maxed out their credit cards before resorting to these services as well.

[–] [email protected] 9 points 1 week ago (1 children)

if these are more predatory than credit cards, well then USians are really fucked lol

[–] [email protected] 4 points 1 week ago (1 children)

They are.

[–] [email protected] 3 points 1 week ago

Apparently paypal BNPL interest rate can go up to 36% ☠️