Alt text: Screenshot of a receipt showing payment over time of a $1.50 hotdog in four equal installments of $0.375 spread out every other week.
No interest?
Finally paid off my Costco hotdog 🙏
Submitted 1 month ago by Gork@sopuli.xyz to [deleted]
https://sopuli.xyz/pictrs/image/9b5192c4-9622-42ea-b03b-8e89872e05c6.webp
Comments
Stillwater@sh.itjust.works 1 month ago
CaptDust@sh.itjust.works 1 month ago
Pay in 4 is usually zero interest, but they’ll stack heavy late fees if you miss it.
PhobosAnomaly@feddit.uk 1 month ago
“why can’t we get a mortgage?”
“Well I bought a hot dog on a payment plan for a laugh, and I defaulted on a 38 cent payment”
“oh no”
bdonvr@thelemmy.club 1 month ago
They generally don’t no.
They get commission from the stores (because quite likely they wouldn’t have made the sale if the option wasn’t available), and also late fees
morrowind@lemmy.ml 1 month ago
Also data for advertising
steal_your_face@lemmy.ml 1 month ago
Soup@lemmy.world 1 month ago
I have this shirt in white and I love it.
Phoenix3875@lemmy.world 1 month ago
NotProLemmy@lemmy.ml 1 month ago
Fun fact: “FINANS” actually means finance in turkish
bartvbl@lemmy.world 1 month ago
Same in many Scandinavian languages
lolola@lemmy.blahaj.zone 1 month ago
That’s how you build up good credit
CanadianCarl@sh.itjust.works 1 month ago
Do you gain credit with these types of companies? Also they’re paying an extra 4¢, since 37.5¢ will round up to 38¢.
lolola@lemmy.blahaj.zone 1 month ago
Tbh i have no clue lol
kibiz0r@midwest.social 1 month ago
How does it handle the half-penny? Does it round up or down, collect the remainder at the end, what?
idiomaddict@lemmy.world 1 month ago
The POS system at my bakery rounds up when it’s for a customer (getting half of a loaf of bread for example) and down when it calculates the 50% employee discount. That alone has a weirdly huge impact on my job satisfaction.
griff@lemmings.world 1 month ago
typical POS behavior
474D@lemmy.world 1 month ago
Off topic, but I will forever read it as “piece of shit” system lol
robocall@lemmy.world 1 month ago
Proud of you!
leaky_shower_thought@feddit.nl 1 month ago
good job! a+ financial discipline!
jupyter_rain@discuss.tchncs.de 1 month ago
Time to buy another one!
Lost_My_Mind@lemmy.world 1 month ago
Hey! Whoa! Easy there big spender! Some of us are caked in debt here! We can’t just be buying hot dogs now all willy-nilly!
gravitas_deficiency@sh.itjust.works 1 month ago
In this economy?
You’d have to leverage your hotdog assets and get a secondary hotdog line of credit based on the initial hotdog equity.
Shardikprime@lemmy.world 1 month ago
If you’re financing hotdogs interest free, I have no issue with it. The currency USD has, inflation, albeit low, so this is probably not a bad idea, check your t&Cs tho.
Now if you are buying hot dogs, or any other meal, with buy now, pay later (BNPL) then it’s probably time to rethink your budget and personal finances, no meal is worth that kind of debt.
JackbyDev@programming.dev 1 month ago
Hell yeah, when people offer me interest free loans I take it.
One time I misunderstood something as an interest free loans when it wasn’t so I paid it off entirely in the first bill. Sadly, I had to pay $0.01 in interest. How will I ever recover?
Shardikprime@lemmy.world 1 month ago
I mean the interest in a loan is basically an expression on how much they estimate the risk is for you to default on the debt itself
It’s fair to apply it, as it is also fair for you to not take it, all things considered
altphoto@lemmy.today 1 month ago
My bank finally approved us for a hotdog jumboloan! We sign tomorrow!
ShaggySnacks@lemmy.myserv.one 1 month ago
You are truly a legend to dedicate to the bit.
WereCat@lemmy.world 1 month ago
They should allow Pain in 4 for online subscriptions.
For example Netflix. Instead of paying 8€ a month you would pay €8 a month for 4 subscriptions in advance.
Excrubulent@slrpnk.net 1 month ago
This has a similar energy to, “Lend me a dollar, but give me fifty cents. Then I’ll owe you fifty cents, and you’ll owe me fifty cents, and we’ll be even.”
kryptonianCodeMonkey@lemmy.world 1 month ago
“In just 4 easy payments…”
Chee_Koala@lemmy.world 1 month ago
This is the beginning of the rest pf your life!
Kcap@lemmy.world 1 month ago
Congrats! Thanks Freddie Mac-n-cheese!
ummthatguy@lemmy.world 1 month ago
Image
Costco’s co-founder, Jim Sinegal
uuldika@lemmy.ml 1 month ago
the amount of consumer goodwill that statement bought easily pays for any losses from the hotdogs. companies seem hellbent on torching their brand reputation for short-term gains these days.
Excrubulent@slrpnk.net 1 month ago
Also my mum brought me some costco hotdogs the other day. It’s hard to get good American food in grocery stores here in Australia but those smokey delicious franks have me considering a membership. So good.