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jadondrew t1_j8okt0l wrote

Reply to comment by Sylvurphlame in Apple Pay Later nears launch, company will use past spending with Apple to evaluate creditworthiness. by SUPRVLLAN

But that’s not why they’re implementing that and I think you know that. They don’t make any money when you take on a responsible amount of debt you can pay off. They make money from the people that take on too many payments then can’t afford to pay them on time.

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Sylvurphlame t1_j8olc4h wrote

Or they get a cut of the sales price, same as a normal credit card fee? Hell if I know how they work it. Not my problem.

I’ll be blunt, if it’s available and I fail to use it responsibly, that’s my problem. If it’s available and multiple people fail to use it responsibly, then that’s their problem. If it’s multiple multiple people then it’s a matter for regulators.

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