Re:Square to acquire Afterpay for $29B
by kart23 on Monday August 02, 2021 @03:26AM
(#28033823)
You can get afterpay without having credit. You can get afterpay even if you owe $7k on your maxed-out credit cards. Bank of America doesn't have a shiny button turning those $200 dollar pants into '4 payments of $50' on a website.
It's like asking 'hows flavored vape juice different from cigarettes'. Both bad, but they appeal to different markets and one takes advantage in a more sinister manner. No doubt there are people that can use it in a healthy manner, but overall it's a net negative. Credit cards can be just as predatory in my view though.
It's like asking 'hows flavored vape juice different from cigarettes'. Both bad, but they appeal to different markets and one takes advantage in a more sinister manner. No doubt there are people that can use it in a healthy manner, but overall it's a net negative. Credit cards can be just as predatory in my view though.