Americans Are Now Taking Out Loans To Buy Groceries Using Pay-Later Services
submitted 1 year ago by [deleted] from (nydailypaper.com)
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[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - 1 year ago (4 children)
Which part? The bit about groceries I would hope is anti-inflationary. They raise prices, we reduce our food budget. To increase our food budget would validate the higher prices.
[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (1 child)
I diddnt know there were pay later services with no fees and no interest. That sounds more like a person helping another person, rather than predatory pay day loans.
[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (0 children)
. That sounds more like a person helping another person, rather than predatory pay day loans.
I think they're selling the banking information they obtain, it's not noble or anything.
[–]Dragonerne 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (1 child)
Over how much time is it paid? 12 months?
I only did it twice, seeing if CBD helped when I really couldn't afford it and the payments get split into fourths.
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[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - (4 children)
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[–]Dragonerne 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (1 child)
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