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_refugee_ · 3305 days ago · link · · parent · post: Amazon starts offering loans to customers with pay monthly option
Yeah. I was about to ask "How is this legal [in the US]?" when I realized that this article is centered around the UK. Even in the US, store credit cards have to be arranged between the store and a bank of some sort - someone services those credit cards. It's not something Amazon should be able to do independently, they would need to rely on a card issuer like FIA (BOA in disguise) or similar to service their accounts. I think this is awful, but interesting, I guess.