SYDNEY—Nick Molnar used a life lesson from the last financial crisis to build a payments company that has become one of the stock-market success stories of the current downturn.
“I had just turned 18 and I was told, ‘Don’t spend money you don’t have,’” Mr. Molnar says, recalling an era of bank bailouts, company collapses and residential repossessions.
J_Sylvan DrewAustin
It's really not a 'loan' if you don't intend to pay it back...
Remember nextcard?
Good luck collecting and repossessing all of the stuff they’ve sold. Creditors aren’t gonna be able to damage people’s credit if they’ve nothing to lose.
*promoting until everybody got it*
Oh boy.....pump, dump and hide coming.....
It's exactly like offering fentanyl to an addict. But yeah, great.
Let me guess, no credit check! They should be called Pay Now, Someone Will Pay Later.
Millennial branded predatory lending has its moment during a recession, who would’ve thought..
You 'buy that guy now, you'll pay later.' Likely, he's too good looking and will cheat on any partner. Pass.
Reverse layaway.
Analysts thought that 'pay later' woudn't appeal to people? Hilarious!
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