Everything on credit

Comments

• deegeese@sopuli.xyz ⁨3⁩ ⁨weeks⁩ ago

  Nobody is buying a wall box on credit, but online retailers figured out if they just enable installment payment everywhere, it provides a small lift to sales at the expense of snarky comments from Lemmy.

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  • bane_killgrind@slrpnk.net ⁨3⁩ ⁨weeks⁩ ago

    Enabling it everywhere facilitates people purchasing things they can’t afford and fucking themselves.

    The picture is funny but the real thing is filling up a cart with everything needed for a renovation, failing to pay a payment and having it cost you more than list price with the hidden, past due accounts owe us 30% interest plus fees type of paradigm.

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    • deegeese@sopuli.xyz ⁨3⁩ ⁨weeks⁩ ago

      If you need to borrow money for a renovation, a HELOC is way cheaper than a credit card.

      IDK how much we need to protect stupid people from themselves.

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    • shalafi@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      We can’t make laws to block all human stupidity.

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• MrJameGumb@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  Maybe some of us don’t have $1.90 to just throw around willy nilli Mister Rockefeller

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• dohpaz42@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  It’s even more disturbing that Instacart does this for groceries. By the time you pay off one grocery order, you’ve probably already racked up three more grocery orders. If those were financed, then you’re really screwed.

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  • bane_killgrind@slrpnk.net ⁨3⁩ ⁨weeks⁩ ago

    Eughh that’s criminal

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    • kamenlady@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      I remember visiting my family in Brasil some 20 years ago. Lots of stores had their own financing-long-term offers. People would then continue buying without bothering with details, each buy would add to a total sum.

      There’s no way to check if the total amount was correct, without including the % they had to pay for the credit, which changed every month.

      A tedious task most people didn’t bother with.

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