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A comment on FICO to incorporate buy-now-pay-later loans into credit scores. Parent comment
0% financing costs the retailer 8%(ish) of the total amount, which is how the lender makes their money.
So in your case, the retailer didn’t want to lose that much of their margin.
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0% financing costs the retailer 8%(ish) of the total amount, which is how the lender makes their money.
So in your case, the retailer didn’t want to lose that much of their margin.