Self-Checkout Kiosks At 4,500 Walmarts Now Offer ‘Buy Now, Pay Later’ Loans For Basic Items

December 21st, 2023

Via: ZeroHedge:

“Buy now, pay later” (BNPL) loans surged in popularity during Black Friday and Cyber Monday in late November. As Christmas is less than a week away, Walmart shoppers have been greeted with a new BNPL payment at the checkout line. The increased use of BNPL is incredibly problematic for consumers with insurmountable credit card debt and depleted savings.

Affirm Holdings announced Tuesday that its BNPL service has been expanded to self-checkout kiosks at 4,500 Walmart stores nationwide. Customers can purchase electronics, apparel, toys, and many more items (except groceries) by spreading payments out from three months to 24 months.

Posted in Collapse, Economy | Top Of Page

One Response to “Self-Checkout Kiosks At 4,500 Walmarts Now Offer ‘Buy Now, Pay Later’ Loans For Basic Items”

  1. Snowman says:
    December 21, 2023 at 4:31 pm

    Take a close look at the interest rate before signing up.

    I just got a notice from Lowe’s Bldg Supply (like Home Depot) that their interest on their charge card is going up to 31.99% APR in January ’24. Any late fee will be calculated at 36.99% APR of the amount overdue.

    Also, they have eliminated checkout clerks at cash registers, at least in the evening hours. But, if you insist on dealing with a human, they will send a clerk to a register for you.

    I suspect, when all the clerks are gone, CBDC will take a great leap forward with the excuse that there’s nobody to see and count your cash anymore.

Leave a Reply

You must be logged in to post a comment.