Does anyone use those buy now pay later apps like Klarna?

[Mr.Plan B]

After pay is cool they gave me limit of 1000 bucks. You can move payment back week if you don’t have the breed.

I use it to buy high end shoes that cost 200 plus. Which I only did one time. It’s just sitting around honestly.

 

[Maximus Rex]

Do you have to pay to set up the account and are there any hidden fees or interest?

No fees or anything when you checkout the first payment is due and it's 4 installments

 

[winb83]

I always wondered what's the point of this? If I have the money to buy something I'd rather buy it in a credit card and get 2-6% cash back on the purchase. If I don't have the money at the moment as long as I'm gonna have it that month I'd still do that.

If I'm not going to have the money for a while then I'll just wait. These services seem like a normalization of debt. It's worse though because you get benefits and instant gratification with a credit card. You lose benefits and just get the instant gratification here.

 

[lamont614]

I always wondered what's the point of this? If I have the money to buy something I'd rather buy it in a credit card and get 2-6% cash back on the purchase. If I don't have the money at the moment as long as I'm gonna have it that month I'd still do that.

If I'm not going to have the money for a while then I'll just wait. These services seem like a normalization of debt. It's worse though because you get benefits and instant gratification with a credit card. You lose benefits and just get the instant gratification here.

It helps with credit card utilization

It is a trap tho

fukk it yolo

 

[humminbird]

So it’s a credit card or a service?

 

[Elim Garak]

I really like quadpay since you can use it anywhere. It gives you a temporary credit card number and they give you more credit over time I've been using it on bills.

 

[homiedontplaydat]

I've used Afterpay and Affirm with no issues. It's a cool little line of credit for an impromptu purchase like a TV u catch on sale.

 

[winb83]

It helps with credit card utilization

It is a trap tho

fukk it yolo

Don't they only report to credit bureau if you're late? I guess it doesn't eat up your limit but you also aren't getting price protection, a doubling of the product warranty, or 2-6% cash back in the purchase.

The advantage of this I guess is a longer term to pay. Even then on some credit cards you can set up a plan or on a store card you can get financing at 0% for a longer term.

These are just some middle man stepping in and wiping out your benefits on credit cards for naked financing.

 

[BunchePark]

No no no no no no no nikka wtf

Im sorry but no

The only clients I see with this shyt on they credit is on some broke shyt period dumb decisions

Is this the same as Self lending? Isn't that an app as well?

Automatic drafts? You giving a bytch access to your account for a fukking TV?

I cant stand how these people create shyt to just pillage the avg man pockets

Impulse buys lol nikka said a deal on a TV nikka them shyts on sale every other few days

 

[BunchePark]

Will they at least let you set upna bullshyt bank account like Ally? Or they want a real bank?

 

[10bandz]

No no no no no no no nikka wtf

Im sorry but no

The only clients I see with this shyt on they credit is on some broke shyt period dumb decisions

Is this the same as Self lending? Isn't that an app as well?

Automatic drafts? You giving a bytch access to your account for a fukking TV?

I cant stand how these people create shyt to just pillage the avg man pockets

Impulse buys lol nikka said a deal on a TV nikka them shyts on sale every other few days

lol bro all it does is let you pay for something in 4 equal payments every 2 weeks. No interest

 

[BunchePark]

lol bro all it does is let you pay for something in 4 equal payments every 2 weeks. No interest

Lies nikkas this is capitalism lol aint no way not a profitable model

I just told you if i spoke to 50 clients with shyt credit NATIONWIDE and 20 had Affirm fukk shyt and collections on they credit then it's simple

The numbers say its a predatory option aka fukk shyt and ya description says impulse buy

Blk people dont fall for it wait until you got the bread shyt happens

 

[Colbert.]

I do it but for a $100 or less

 

[10bandz]

Lies nikkas this is capitalism lol aint no way not a profitable model

I just told you if i spoke to 50 clients with shyt credit NATIONWIDE and 20 had Affirm fukk shyt and collections on they credit then it's simple

The numbers say its a predatory option aka fukk shyt and ya description says impulse buy

Blk people dont fall for it wait until you got the bread shyt happens

well you're right it's predatory in a way cuz you know people always making late payments and they take a fee from that. They also charge the merchants a fee to work with them. But if you make your payments in time theres no interest, no hidden fees, nothing

 

[winb83]

No no no no no no no nikka wtf

Im sorry but no

The only clients I see with this shyt on they credit is on some broke shyt period dumb decisions

Is this the same as Self lending? Isn't that an app as well?

Automatic drafts? You giving a bytch access to your account for a fukking TV?

I cant stand how these people create shyt to just pillage the avg man pockets

Impulse buys lol nikka said a deal on a TV nikka them shyts on sale every other few days

Seems like something for subprime borrowers that can't really afford to get what they're buying at the moment and their credit is dodgy.

Literally the only benefit to this is get the thing now for payments.

A TV ain't an impulse buy either. Either you need a TV or you don't.