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We're currently in Mexico! And yeah, here you can do that as well. The problem is that not a lot of people have a credit card (90.5% to be exact) and even if th
by rogereur 6y ago
We're currently in Mexico! And yeah, here you can do that as well. The problem is that not a lot of people have a credit card (90.5% to be exact) and even if they have, they have enough credit limit and deal with the opacity, late fees, and complexity of credit cards. Also, this is defered interest, not actual installments, that means that wen you miss a payment you get charged the interest rate of your card (60% APR on average in MX)
- thegginthesky 6y agoThanks for the reply! It seems the credit card system in Mexico is way more complicated than what I have experience with. Kudos to you guys for trying to disrupt the system!