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by dehrmann 1453 days ago
> When 33% of users from BNPL services claim that a reason to do it is that their credit cards are already max, I see this as a potential issue.

I also find it bizarre that 45% say it's easier to make payment than on a credit card and 44% says it's more flexible. Really?! I don't find it hard to give the credit card company money, and it seems like lower interest rates should be #1.
1 comments
HWR_14 1453 days ago
I think "more flexible" means that the payment periods are better aligned with your pay periods. The CC companies are going to want money every month on the same day.
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gruez 1453 days ago
Why is this a relevant factor? With a credit card you have a 3-4 week grace period to pay the bill. If you get paid every 2 weeks/twice a month then the due date is never more than a week away from your last paycheck.
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HWR_14 1453 days ago
No, you have a 3-4 week grace period. People with poor credit do not.
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smugma 1453 days ago
Most credit cards let you pick your payment due date.
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