[ixwt]

Recently my apartment management company added an option to pay your rent in two payments over the month, rather than all at once at the beginning of the month. I didn't look into it, but there's always a catch with these "pay in installments" systems. Nothing in this world is free.

[_verandaguy]

The usual catch is that for now, these companies are offering it at zero extra charge because they're building up sellable corpora of data.

Whether and when this business model will change is any outsider's guess.

[lesuorac]

It's not at zero extra charge. Most of the Buy-Now-Pay-Later companies charge higher transaction fees to the merchants than say MasterCard [1].

Now, the business of accepting debt from people that uh can't repay that debt is probably going to have to change.

[1]: https://www.merchantmaverick.com/klarna-for-business/