• @[email protected]
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    474 months ago

    Nobody is buying a wall box on credit, but online retailers figured out if they just enable installment payment everywhere, it provides a small lift to sales at the expense of snarky comments from Lemmy.

    • @[email protected]OP
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      104 months ago

      Enabling it everywhere facilitates people purchasing things they can’t afford and fucking themselves.

      The picture is funny but the real thing is filling up a cart with everything needed for a renovation, failing to pay a payment and having it cost you more than list price with the hidden, past due accounts owe us 30% interest plus fees type of paradigm.

      • @[email protected]
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        34 months ago

        If you need to borrow money for a renovation, a HELOC is way cheaper than a credit card.

        IDK how much we need to protect stupid people from themselves.

        • @[email protected]OP
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          44 months ago

          They are practically disabled so hopefully more than we are doing.

          Ignorant people need protection too. It’s not like predatory lending is a thing thought in schools.

        • DontTakeMySky
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          43 months ago

          Not everyone has access to the financial education that teaches you how bad this is. I see so many people that don’t actually understand how credit cards work because they “just got one” after signing up for a rewards program (basically, got scammed into signing up).

      • @shalafi
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        14 months ago

        We can’t make laws to block all human stupidity.