~25% of their revenue comes from late fees to consumers. 75% from merchants.
They're your standard loan shark predator disguised with flashy marketing and bankrolled by VCs.
They're your standard loan shark predator disguised with flashy marketing and bankrolled by VCs.
- their late fees are capped - there is zero interest charge - they have a policy of never taking legal action to pursue payment - non-payments don't affect your credit rating
On what is your argument based? There is literally nothing in common.
Wait a minute, what incentive do we have to ever pay them back?