Yeah, instead of 0%, fixed payment loans, people should take on 18-60% apr credit cards instead! That’ll help people unable to afford large purchases in a single go!
Even better, they could just buy cheaper stuff! Poor people deserve to buy leaky boots every year! /s
Just read up more about the systems and always thought they charged you more, didn’t realize that for the time being they are zero interest loans.
Seems unsustainable, but sounds like they’re using the credit card technique of charing the storefront. It’ll be interesting to see where the bnpl industry goes.