I have 2 credit cards and lots of pay laters .I never use them ever .I was keeping them because the appear as always paid so I thought they might have positive effect on my cibil.
But I am now thinking of closing them.Please give your views.
Guys, recently LazyPay & other BNPL scams have increased drastically!!
Reason of scams:
1. Easy to access account via OTP
2. Once accessed, can be spent any amount without OTP on partner merchant.
3. And once linked you can't delink until you have access to that merchant account i.e. Swiggy...