The idea of buying on credit, meaning you get your product now and the bill (the pain of paying) later, is as old as time. Well, maybe not that old, but the I O U business has been around for a while. But it seems to have gotten a newly marketed sheep’s skin to trick the new generation to buy into the wolf. I recently read an article about Klarna, a Swedish bank quite heavily promoting “buying now but paying later”, even with the ability to “slice” your payments. Their “slice it” seems very popular, and the ability to split…...
Don’t pay later, pay NOW!
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