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The Next Chapter, page-963

  1. Tekvest
    8,418 Posts.
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    12/09/22
    18:31
    Post #: 63655659
    So you have a credit card with a limit of $5,000, owe nothing and buy goods for $5,000. I understand that Splitit will lodge a $5,000 purchase on your card, rendering your limit fully spent. You will only pay interest as the instalments are deducted over the ensuing 4 months but your 'spending capacity' will only be returned incrementally as the repayments are made. Please correct me if I am wrong.
    SPT Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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