Correct, but convenience is a strong motivating factor -- why else would people pay 20-30% interest just to take their own money out of an ATM? Most people jus

Correct, but convenience is a strong motivating factor -- why else would people pay 20-30% interest just to take their own money out of an ATM? Most people just want to get a phone with service, and don't really want to mess around with the specifics.