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user-inactivated · 3291 days ago · link · · parent · post: Amazon starts offering loans to customers with pay monthly option
A lot of store credit cards, for places like SEARS, Kohls, etc., often have even more outrageous rates. We're talking 20-25% APR (I think APR is the right term here). Despite the fact that they seem like bad ideas, they exist and people sign up for them. Since people seem to shop Amazon more and more each year, I doubt they'll have trouble finding people who want to participate in this program.