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

[mrfortune]

i only use it to justify buying shyt when i have 150 items unworn in my closet. I have the bread but only way i justify it is I gotta generate money specifically for these purchase. I usually do this by selling some other clothes on poshmark. aint got nothing for a while

 

[Earnings]

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.

I see what ur saying but u seem to be forgetting that you can use a credit card to pay off Affirm, Klarna etc.

 

[winb83]

I see what ur saying but u seem to be forgetting that you can use a credit card to pay off Affirm, Klarna etc.

Using a credit card to make payments on a payment plan? Seems kinda redundant. More like shuffling debt around.

When my Nvidia Shield broke inside 2 years Amex just asked for the transaction and refunded my account. I doubt they do that for a portion of a payment plan that I made on the card. I also used an Amex offer at Best Buy for 10% off the purchase.

 

[Maximus Rex]

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

Explainer: how lending startups like Afterpay make their money

 

[lamont614]

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.

quadpay

 

[winb83]

Explainer: how lending startups like Afterpay make their money

At the best it’s basically debt collection. Store sells the debt to another company that collects on it. Debt is sold for slightly under the amount owed. At worst you get tripped up in fees and they slaughter you on what you owe for fees worse than credit card interest.

 

[thaKEAF]

I’ve used Klarna twice and after pay I think once. Pretty cool options when you dont want to pay full price for something right then.

 

[BlackBall]

Never had an issue and a great option if available

 

[Clapsteel O'Neal]

Yes and I use it for a couple of small things a month ranging from $30-50 just cos

I have a lot of money and 'technically' no need for it, but why pay for all of something if i can spread it out. I'm guessing it'll help with my credit score too but i'm too lazy to look into that

 

[Reggie]

Leave Affirm alone cause that's nothing but a credit card with a high interest rate. Klarna and Afterpay actually charge no interest rate at all.

 

[Jim Cornette]

Afterpay the goat... Haven't used it in a while tho

 

[Ethnic Vagina Finder]

ALL of these platforms depend of people being late with their payments. If you set up auto pay and have the money in your account it's a no brainer.

Especially with buying something like an Iphone. Instead of doing a 2 year commitment you can bring an unlocked iphone to your carrier and have it paid off in a fraction of the time.

I used Klarna to buy all my apple tech. The money I would've spent up front, I end up saving.


This is something you can use to pay save money in the long run. So instead of paying $1000 up front, you can put down $250, put the other $750 in savings and make 3 payments of $250 and act like that $750 was spent.

But a lot of people will use the $750 to buy something else.

 

[Earnings]

Using a credit card to make payments on a payment plan? Seems kinda redundant. More like shuffling debt around.

When my Nvidia Shield broke inside 2 years Amex just asked for the transaction and refunded my account. I doubt they do that for a portion of a payment plan that I made on the card. I also used an Amex offer at Best Buy for 10% off the purchase.

Im with you. Just was saying your post seemed to come from a place as if that wasnt an available option. I actually remember AMEX came out with the plan it shyt but never really looked into it. U explained it for me perfect lol

 

[ABlackMan]

Which can I use to cover car repair

 

[J.E.T.S]

Best shyt to hit the internet