• YaksDC@lemm.ee
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    1 year ago

    I don’t know the difference between this and using a credit card? You can extend payment using a CC, are the interest rates that much lower?

    • FuglyDuck@lemmy.world
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      1 year ago

      Not much difference, but it’s usually fairly predatory.

      It’s not that it’s a fairly new thing- it’s that people are having to do it for necessities. Which just makes everything more expensive as your (probably) now on a credit treadmill.