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Amazon starts offering pay monthly loans to customers

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Amazon starts offering pay monthly loans to customers

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pcernie

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Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast

Amazon starts offering pay monthly loans to customers

Amazon starts offering loans to customers with pay monthly option | Business | The Guardian
http://www.theguardian.com/business/201 ... hly-option

That really is a genius move for them.

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Thu Dec 31, 2015 10:58 pm

davrosG5

I haven't seen my friends in so long

Joined: Fri Apr 24, 2009 6:37 am
Posts: 6954
Location: Peebo

Re: Amazon starts offering pay monthly loans to customers

At 16.9% interest its maybe not a genius move for the customers though, at least not ones with a relatively good credit score. Mind you, it's better than any payday lender will give you.

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Fri Jan 01, 2016 12:36 am

jonbwfc

What's a life?

Joined: Thu Apr 23, 2009 7:26 pm
Posts: 17040

Re: Amazon starts offering pay monthly loans to customers

Is it a loan you can only use to buy stuff from Amazon? In which case it's not really new at all. Any white good retailer will let you buy stuff on credit and they've all been doing it for about 50 years.

Fri Jan 01, 2016 12:43 am

pcernie

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Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast

Re: Amazon starts offering pay monthly loans to customers


	jonbwfc wrote: Is it a loan you can only use to buy stuff from Amazon? In which case it's not really new at all. Any white good retailer will let you buy stuff on credit and they've all been doing it for about 50 years.

Steady income for them though, which is what so many of their services are now about. Or keeping.

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Fri Jan 01, 2016 12:58 am

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