4 ms·
With "zero interest and no fees", what happens in these products if somebody falls behind, or even just decides not to pay?
by brundolf 4y ago
With "zero interest and no fees", what happens in these products if somebody falls behind, or even just decides not to pay?
- karaterobot 4y agoGood question! I don't see anything about it, other than that it'll damage your credit history. To me this seems like a recipe for trouble, I'll stay away from it. There's also a part of my brain that jumps to: "if you missed a payment, would they just lock you out of your laptop by some remote command?", though there is no indication of this, and it seems unlikely (as of now).
- rootusrootus 4y agoSame thing that happens when you refuse to pay your credit card bill, I assume. Annoying bill collectors, maybe a court judgement, and for sure a dramatic cut in your credit score.