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could a helpful indian hner please explain what EMI means? (Triya Bhattacharya, 3rd point) also, one thing i didn't read that surprised me when i stayed in th
by andrewcooke 13y ago
could a helpful indian hner please explain what EMI means? (Triya Bhattacharya, 3rd point)
also, one thing i didn't read that surprised me when i stayed in the us for some time (in new haven) - the strength of the correlation between wealth and skin colour.
- deleted 13y ago[deleted]
- highpixels 13y agoGot me too. Equated Monthly Installments [0]. Monthly payments on cars/phones/computers etc. [0] http://en.wikipedia.org/wiki/Equated_Monthly_Installment http://en.wikipedia.org/wiki/Equated_Monthly_Installment
- downer97 13y agoEMI means credit. Credit cards paid via "Equal Monthly Installments." Financing with monthly payments towards a loan or product purchase. Consider that businesses like Best Buy and Victoria's Secret offer financing on their own store-specific credit cards. The clue is in the context from the article: It’s like the people there live on EMIs. Cars, phones, everything. And even the lower middle class can afford this stuff. It’s like everyone has an iPhone. Also, my personal favorite: Grinding. The dance form. ...honestly, I'm an American, and I can't believe that one either.
- andrewcooke 13y agoah thanks. exactly the same happens here in chile. even at the supermarket, they ask if you want to pay in installments.