alt Hacker News1. Maybe they are over leveraged, let a bank to decide with all the data.
2. BNPL often has short durations (3 months) so it’s not a long term problem for people with BNPL if they pay it all back.
1. Maybe they are over leveraged, let a bank to decide with all the data.
2. BNPL often has short durations (3 months) so it’s not a long term problem for people with BNPL if they pay it all back.
Affirm can go up to 60 months on larger purchases
A bunch of tiny loans does not loom good