Re:Are Buy Now Pay Laters the Next Bubble?
by smugma on Sunday July 03, 2022 @02:35PM
(#31969907)
Credit cards give 1%+ cash back plus are interest free loans as well. You have 30 days to pay your bill and on average a purchase will be made 15 days into a billing cycle ie 45 days total.
So BNPL is not a compelling offer for those who have good enough credit to have credit cards.
So BNPL is not a compelling offer for those who have good enough credit to have credit cards.