It's odd that we can't seem to get a lot of that information, as well as the net income the companies are making. Meanwhile, the difference between a 10%-compounded interest rate and 20% is quite significant. It's almost shocking to me that nobody gathers any of that data, even in the field of bankruptcy, because there could be solutions for that.
I'll now move over to our other guests here. I only have a few more minutes to go in this one.
Buy now, pay later really is the definition of a credit card. What would you say to the credit card industry that argues, “Well, we already have that. That's already us. Why not let these others into the same market? Wouldn't that be limiting competition?” I agree, by the way. Nobody should have to use...hoping for funds later on to pay for basic necessities and groceries. That's why we're doing a lot of this.
What would you say to that argument? Is buy now, pay later the definition of a credit card?