Comment on Disability pensioner charged $6,760 for renting a phone that retails for around $1,800
wahming@monyet.cc 11 months agocheck their total payments
If you’re signing a contract with no idea how much you’re going to be on the hook for, no amount of govt protection will keep you solvent.
Tankiedesantski@hexbear.net 11 months ago
The government could very much keep them solvent by, for example, mandating that consumer credit contracts must show tables of total payments including all fees and interest over time. Does the credit contract in question display such information? Onus is on you to provide proof if you’re alleging that it does.
wahming@monyet.cc 11 months ago
At no point did I allege that, so no.
Doubt. They’ll find some other money trap to fall into in a week unless they’re taught to actually be smarter about their finances.
BelieveRevolt@hexbear.net 11 months ago
”Poor people are poor because of their inferior nature” Fuck off.
wahming@monyet.cc 11 months ago
You could do with some lessons in reading comprehension.
“Poor people are poor because they’ve never had the chance to learn how to manage money, and I suggest teaching them.”
UlyssesT@hexbear.net 11 months ago
So you’re saying nothing should ever even be attempted because the status quo is as good as it gets (because you got yours) and apathy makes you feel cool and smart? nerd
BelieveRevolt@hexbear.net 11 months ago
”The market” will do this anyway so we shouldn’t do anything smuglord galaxy-brain
wahming@monyet.cc 11 months ago
I certainly feel smarter in comparison to you. I’ve been advocating education the entire thread, and you’re claiming that I just want the status quo.
Tankiedesantski@hexbear.net 11 months ago
You have been consistently been alleging that the woman in question could have easily checked the total cost of her payments, which you have just declined to provide proof for. I will take this as a concession from you on this point and move on.
This is an unfalsifiable counterfactual and I will dismiss it without further comment.
wahming@monyet.cc 11 months ago
Yes? When faced with a ‘deal’ where you know the regular installment payment and the length of said debt, how difficult is it to figure out how much you need to pay by the end of it? Especially when everybody has a calculator in their pockets at every waking moment. If the answer is ‘too difficult’, I’m taking that as more reason for the education approach.