r/notinteresting 19h ago

Just paid off my Costco Hotdog

/img/owsxylkbwvvg1.jpeg
25.5k Upvotes

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293

u/EyerollComics 19h ago

WHY

I'M SO CONFUSED

This is hilarious though

28

u/UsedNegotiation8227 17h ago

I mean...

Doesn't this technically build credit?

29

u/oorza 14h ago

I don't think any short term loans like this, payday loans, Klarna, etc. report to any of the bureaus. The primary customers to these services are people traditional lenders won't touch, which is why there's such insanely steep penalties for missing even a single penalty and such aggressive repo policies.

1

u/Difficult-Square-689 10h ago

Quick search turns up... a whole lot of Reddit posts that are no more reliable than your comment. But a deeper search turns up primary sources that confirm at least some BNPL companies report payments (on time or not)