Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells.
0% interest is the first step on the enshittification of debt. There is benefit to using it and you become accepting and complacent. The last step will be debtors prison.
To be clear, I still think they’re toxic and think they should be banned. But you basically pay more by not using them today.
0% interest is the first step on the enshittification of debt. There is benefit to using it and you become accepting and complacent. The last step will be debtors prison.