Quote:
Originally Posted by cloakroom
is this not common knowledge? it's essentially a bad credit card with no rewards targeted at people who are credit risks. 22% apr, but the real kicker is when they get someone on multiple of those "zero interest if paid in 6 months" offers and apply all of the payments they make to the last purchase made (which makes zero sense and is blatantly predatory) in hopes of sacking someone with a huge monthly they can't pay and giving them all of the accrued interest from the purchases before that.
|
I mean, basically everything in today's world is aimed to make the rich richer. The nice thing about PayPal Credit is I can make multiples purchases in a month then just pay them all at once. Much easier than paying automatically with every purchase imo.