Posted on 09/26/2025 3:48:33 AM PDT by EBH
People are paying Uber later for services now. It is nuts.
My bathroom was redone on a one year no interest loan. I guess that’s included in this
If you’re using delayed payment plans for minor daily expenses then you are a high credit risk and your score should go down. That kind of behavior would seem to me to be the next to last warning sign, only exceeded by missed payments.
I just purchased a computer…$1700-ish. At checkout they offered 6 monthly payments with no interest. Started to take it then it popped up some BS that felt of, so I just paid for it. I have the $1700, but free money is free money. No interest loan, when you can afford it, is good for liquidity.
amazon now includes a Klarna payment option at checkout on most items ...
This Trump economy not doing as well as some claim, the Dollar is shrinking and so people do what they have to do. I know my Dollar has gone just about as far as it will.
We're still dealing with Biden inflation, but I wish Trump were more focused on improving things for people struggling right now instead of raging about escalators. Tariffs are important, but they're going to be a source of pain for years to come. And now he's looking for tariffs on furniture?
That’s funny, I always assumed that by now pay later services like klarna were already included in FICO scores. After all it’s just debt like anything else.
I never paid much attention, so I thought I would take a look. One of my credit cards offer flex pay for a fee and no interest on certain purchases over $75. I would assume the flex pay payment would be added on to the monthly minimum payment, so someone with cash flow problems could have a problem.
Agreed he has not focused on the average American much at all than other things that could and should take a back seat like these tariffs, world peace, and some revenge. People are hurting and not much is being done and as people vote their pocket books I sense an easy win for Democrats.
I suspect reason is he is not as that takes work and he is looking for the low fruit for easy wins and a little ego, besides who cares about the little guy...
Love TransUnion. Got a letter from them this past week:
“We are writing to make you aware of a cyber incident involving unauthorized access to some of your personal data that was stored on a third-party application, Importantly, no credit information was accessed.”
“We regret any concern caused by this incident and take seriously the responsibility to help secure consumer information.”
The kicker - “The info was limited to specific data elements and did not include credit reports or core credit information. In your case, the information involved included your SSN and DOB.”
So, appartently, SSN and DOB are NOT considered core credit information?
How do these sloppy credit organizations stay in business???
I keep my card paid off on-line and several times a month. It has become a sort of videogame for me to make that current charges number ZERO at least weekly and usually more often. It has ben a couple of decades since I felt that nag to put off a payment so as to acquire something I sure would like to have now.
The Democrats will start touting Credit Card Debt forgiveness.
Student loans were the trial run.
Truth
I don’t have a BNPL loan, but if I did choose to use it as a zero interest option what would be the big deal? If I put something on a credit card, that debt is somehow better?
I could see use of a payday loan or title company as being considered a bad sign.
That is how to do it. I buy vehicles when I need to but only if I can pay cash. So I buy automotive rats. If one buys an old car or bike for cash one is still going to be making payments- for repairs and such, but those payments are on MY schedule, not the bank’s. If I need brake work and can’t pay for it right now, I can park the thing and get around on buses or walk or get rides to work from colleagues until I have the money to make that “payment.” I can’t put off a payment to the bank and such payments come due much more rapidly than getting stuff fixed.
At our age, and financial situation, we find our credit rating reports a joke.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.