With credit cards you’d have to pay in full next month or pay interest. Here the installment plans go to to 3 or 6 months without interest.
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Verat@sh.itjust.works 2 days agoAll of the “buy now pay later” or pay in installment schemes/apps popping up, supposedly they are popular but I don’t get it, it is just a worse credit card.
boonhet@lemm.ee 1 day ago
JcbAzPx@lemmy.world 16 hours ago
Not all of them are without interest. In fact, the ones you’ll find the most are quite usurious.
boonhet@lemm.ee 10 hours ago
They’re all interest free in my country, but if you need a longer period, you can get an installment plan that has an interest rate comparable to a credit card.
Verat@sh.itjust.works 1 day ago
The longer time to pay makes sense but the cards I have dont charge me for having them, I know availability of cards may vary though, some people might not have decent card options, I guess it makes sense.
boonhet@lemm.ee 17 hours ago
Probably varies by country. My gold card was something like 5 euros a month which isn’t a whole lot, but it’s still money for something that only serves to make it way too easy to take on debt and has little other value.
Demdaru@lemmy.world 2 days ago
Ah ah ah! It’s another credit card. People with no self controle love that.