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Re:The 'Buy Now, Pay Later' Bubble Is About to Burst by subarctic on Friday January 13, 2023 @11:47AM (#34370334)
Isn't that how most people use their credit cards everywhere, or at least everywhere in the developed world? I thought the 20%+ interest was just a way to take advantage of you if you mess up and rack up too big a bill, or forget to pay your bill.
Re:The 'Buy Now, Pay Later' Bubble Is About to Burst by dfinninger on Friday January 13, 2023 @06:20PM (#34375261)
Anecdata, but I know multiple people that I associate with do caray a balance on their cards and by paying minimums. I don’t understand it, but then again I’m fortunate enough to have a software job that allows me to keep up with my social lifestyle without incurring debt.