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Objective Analysis: Psychology of using BNPL, page-50

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Andredamus1

2,141 Posts.

534

31/07/20

14:54

Post #: 46219584
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Originally posted by keith200: ↑

APT customers are paying on average $10 in fees in an average of $1.1K annual spend (.9% - 1%. As stated once this matures it could go to 1.5%)

CC customers are paying an average of $400 bucks (your figure, its actually closer to $330) on an annual spend of $20K - 1.6%

Theres not much difference

Unless you think if you borrowed $2 bucks from me and i charged you $5 in late fees, then that would be a good deal, because on average you would only be paying $5 in late fees compared to $330 on CCs

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If something is supposed to be free and I end up paying $9, my level of irritation will be very low. If it's supposed to be free and I end up paying $330, I'll be considerably more irritated, particularly if the party I am paying $330 to is one of Australia's major banks.

APT Price at posting: $69.21 Sentiment: Hold Disclosure: Held
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0 Great analysis

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