The screenshot shown references nothing about a payment plan or a 69% APR. What am I missing?
Pretty sure that’s just OP making a snarky comment in reference to payment plans for pizza
Ah, very likely. I’m a literalist at heart, which is often at odds with posts of this nature. Thank you.
That’s not what the image shows though. It’s comparing a kids 8oz hot chocolate to a short 8oz hot chocolate which have different prices despite being the same items.
I have seen a few posts going around about how there are short term loans like affirm being used for coffee shops but the image here just isn’t at all related.
Yes, that is what the thread starter said as well.
I believe what OP is trying to communicate is that charging adults and children different amounts for a hot chocolate is as dystopian as buying a pizza on credit.
All of the “buy now pay later” or pay in installment schemes/apps popping up, supposedly they are popular but I don’t get it, it is just a worse credit card.
With credit cards you’d have to pay in full next month or pay interest. Here the installment plans go to to 3 or 6 months without interest.
You also don’t need to own a credit card so no need to pay that monthly fee.
The longer time to pay makes sense but the cards I have dont charge me for having them, I know availability of cards may vary though, some people might not have decent card options, I guess it makes sense.
Not all of them are without interest. In fact, the ones you’ll find the most are quite usurious.
