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My guess - people think it is fooling unsophisticated customers into making poor financial choices and buying things they should know they can't afford. But I'
by rootusrootus 4y ago
My guess - people think it is fooling unsophisticated customers into making poor financial choices and buying things they should know they can't afford.
But I'm with you, I don't see it as a big deal. I routinely take advantage of the 'no interest installment plan' for my Apple toy purchases on my Apple card. Why wouldn't I want to hold off on giving them my money for as long as possible, especially in an inflationary environment?
- BenSahar 4y agoEven outside the current inflationary period, I like using no-interest financing to give myself the option of paying for something over time. I don’t typically finance anything I can’t afford to buy outright. I just like to feel like I have extra breathing room in the case of some emergency.