Zilch CEO on the growing buy now, pay later space

[@Gilmourist]

how it works: take money from savers bank accounts and give it to spenders and debtors.

[@smeff099]

Increase the credit bubble because inflation is so bad that if there was a physical run on cash it would be inconceivable how bad it would be.

[@ElBellacko1]

In the end it is just a invisible credit card, avoid it

[@SiFi_Music]

With no charges or interest …. ?

[@bigbawsdogg]

Of course there's fees. If you don't pay on time

[@66Jaffacake]

Zilch customer service/care is absolutely disgusting

[@omicSheep]

Zilch is a scam!!!

[@smeff099]

This is another credit card, but with worse terms.

[@SiFi_Music]

How so….

[@smeff099]

@@SiFi_Music it provides you with credit, based on poor rates. You pay over time. It's a credit card, loan, call it whatever you want to call it. It's got poor terms.

[@ASVPEDWIN]

@@smeff099 there is no interest lmao, same as Klarna and Afterpay. As long as you pay it. You don’t pay anything extra 🤦🏽‍♂️😂

[@smeff099]

@@ASVPEDWIN no interest, except you overpay 😂 I doubt your claim too. There's fees on fees, otherwise it's a loss and who wouldn't use it. Never pay for anything you buy!

[@chobson8602]

recipe for disaster