Ideally you could just wait until you saved money to buy your smart bike. The issue here is at least with a credit card I'm motivated to pay off the debt ASAP,

Ideally you could just wait until you saved money to buy your smart bike. The issue here is at least with a credit card I'm motivated to pay off the debt ASAP, and shop on total price vs what the payments are. Super smart bike for 99$ a month sounds better than Smart bike for 2500$. I recall as a teenager I went to a Rent a Center and they pitched a 50$ a week laptop. For like 24 weeks. Absolutely idiotic, I saved 400$ and brought one cash. This type of thing preys upon the fiscally illiterate. You should NEVER use this junk. Keep one or two credit cards and pay them off ASAP.