Just goes to show how she's just interested in the paycheck at the end of it. She doesn't give a flying duck about her freaks, as much as they like to think she does. Before she had such a following, she probably did actually care about people not going into debt over skincare, but now she has that option, she will watch them go into crippling debt so long as she gets her cut. Disgusting and morally wrong.
exactly. And her boasting that shes picked clearpay over klarna,... so what?? It means the same for the end customer.
I know buy now, pay later is a great option for people that understand the product and are using it responsibility but it’s a privileged position.
ive worked for a debt company and seen first hand the mess people end up in with debt. If you go and look at Step Change they have some great research on debt. One thing that shocked me was that the average literacy age in the country is 11. That means a lot of people simply don’t understand financial products and what it means for them. The fact that if you default on even small debt can end up with a mark on your credit file making credit more expensive. People get trapped in cycles. You can of course, say it’s their own fault and to a point it is. But we have non existent financial education in this country so a lot of people are just not educated in this area coupled with issues around actually understanding these products. The market ploy is all focused on have it now, worry about the cost later and it’s not exactly balanced with risk warnings.
like I say having seen it first hand, debt ruins people lives. It’s a sinister business designed for banks and lenders to make money off people and that’s the bottom line. Fair enough if CH wants to flog products to rich people who have the money but encouraging people that dont have the money spare is immoral.