Americans Are Now Taking Out Loans To Buy Groceries Using Pay-Later Services

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[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (1 child)

When I see zero interest and zero fees I become very sceptical. Someone is paying somewhere along the way.

I suspect it's because they get a peek at your bank account and collect data about spending habits to sell. Crypto.com does this too.

You're absolutely right, nothing is free. Someone said if you can't tell what the product the company is making money off of, then the product is you.

Still really handy imo and a better deal than alternatives.

[–]HiddenFox 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

All good points. And I agree they are a better option the a payday loan.