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If a loan is 0% interest, I can guarantee you it comes with a price. And it's most likely paid by people who don't understand it.
by gmd63 4y ago
If a loan is 0% interest, I can guarantee you it comes with a price. And it's most likely paid by people who don't understand it.
- lxgr 4y agoThat is often the case, but not always: It can make perfect sense for a merchant to effectively pay the interest on your purchase, if it means the difference between making a sale now (and getting a bit less than list price) vs. sitting on inventory. If it's not the merchant paying for the loan, the story is very different though.