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Why isn't is sustainable? Bad for customers, good for credit comapnies, but it isn't any different from other kinda of credit card debt, is it?

I considered it a few times, but like, it only spaced the payments out over 6 weeks and I had to unfreeze my credit report so...it wasn't a big win.

[mgh2]

What is the collateral if they don't pay? Cc has interest rates and credit scores.

[gruez]

>What is the collateral if they don't pay?

It's unsecured, just like a credit card.

>Cc has interest rates and credit scores.

AFAIK BNPL products either change interest directly to the consumer or is subsidized by the merchant. There's also a credit check prior to it being granted, so it's not like they're handing it out to just anyone.