Day Trader’s Weekend Aftermarket Lounge 20-22 Mar 2020, page-115

"No. Main difference was with lay-by you had to pay for the thing 100% before you got it."

Correct, hence my post saying you had to wait 6 weeks with lay by. (approx the extent of the service)

The concept is the same, yet one service is advantageous over the other.

The retail sector pay for the credit service not the consumer. (directly anyway - it will be attributed to the cost of goods)

You said, "But I do buy stuff on credit card and pay off at end of month. I don't consider that a loan in my case. "

Lol that's exactly what Afterpay is!!