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| Amazon starts offering pay monthly loans to customers http://www.x404.co.uk/forum/viewtopic.php?f=19&t=24811 |
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| Author: | pcernie [ Thu Dec 31, 2015 10:58 pm ] |
| Post subject: | 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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| Author: | davrosG5 [ Fri Jan 01, 2016 12:36 am ] |
| Post subject: | 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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| Author: | jonbwfc [ Fri Jan 01, 2016 12:43 am ] |
| Post subject: | 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. |
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| Author: | pcernie [ Fri Jan 01, 2016 12:58 am ] | |||||||||
| Post subject: | Re: Amazon starts offering pay monthly loans to customers | |||||||||
Steady income for them though, which is what so many of their services are now about. Or keeping. |
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