Calling A No-Interest Loan “Buy Now, Pay Later” Should Be Very Illegal

When sneaky marketing f*cks with the economy.

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Buy now pay later sure sound nice, doesn’t it?

• You buy something now.
• You pay for it later.

It sounds way too nice.

And that’s the problem.

What they didn’t tell people:

Buy now, pay later is actually a loan.

• It means it can mess up your credit score.
• It means you’re using money you don’t have.

But bad marketers love to sugarcoat sh*t.

And now we’re entering a recession.

The big problem with buy now pay later

It brings out the worst in humanity.

Humans are simple creatures.

We like pleasure without responsibility.

• That’s why people flee to Netflix.
• That’s why people start using drugs.
• That’s why people cheat on their partners.

But what do all of these have in common?

Short-term gratification leading to long-term pain.