Hacker News new | ask | show | jobs
by HWR_14 1454 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.
2 comments

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.
No, you have a 3-4 week grace period. People with poor credit do not.
Most credit cards let you pick your payment due date.