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comment by _refugee_
_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.