return2ozma@lemmy.world to collapse@lemmy.zip · 2 months agoBuy Now, Pay Later Lenders Pitch Loans for Needs Like Electricity and Rentwww.nytimes.comexternal-linkmessage-square4linkfedilinkarrow-up127arrow-down10cross-posted to: aboringdystopia@lemmy.worldusa@midwest.socialusa@lemmy.ml
arrow-up127arrow-down1external-linkBuy Now, Pay Later Lenders Pitch Loans for Needs Like Electricity and Rentwww.nytimes.comreturn2ozma@lemmy.world to collapse@lemmy.zip · 2 months agomessage-square4linkfedilinkcross-posted to: aboringdystopia@lemmy.worldusa@midwest.socialusa@lemmy.ml
minus-squareshartgargle@lemmy.ziplinkfedilinkarrow-up4·2 months agoIf people are falling behind on things like groceries, electricity and rent, how the fuck would they EVER be able to pay back a loan? Sounds like a debt trap, but also one that they’ll never be able to get back.
If people are falling behind on things like groceries, electricity and rent, how the fuck would they EVER be able to pay back a loan? Sounds like a debt trap, but also one that they’ll never be able to get back.