Buying on a credit card doesn’t incur interest fees until a month after the purchase so you can pay it off right away. This is guaranteed to incur fees right out of the gate and cannot be paid back faster than they want.
FourThirteen@lemmy.world 2 weeks ago
What’s the difference between this and credit card debt?
AceTKen@lemmy.ca 2 weeks ago
BussyCat@lemmy.world 2 weeks ago
The time scale is the other big difference. A credit card is intended to be paid off at the end of the month and gives you much better fraud protection than a debit card
Products like klarna instead have you pay off a tv over months and offer you no real benefit besides racking up debt