It’s also how they get you to start using it. Accept the 0% interest loan, now the app is on your phone, now you’re seeing options for lower monthly payments, now you’re thinking about what you could afford with the app as opposed to what you have right now.
I bought an escooter through one of those apps and paid 0% interest, so it worked out for me, but you have to be careful about it.
More demand and more inflation. Then they will charge fee and seller wont be able to get rid of this payment option as most of customers already use it. Then this fee is included in price leading to more inflation. 0% interest rate is cancer on top of consumerism
It’s also how they get you to start using it. Accept the 0% interest loan, now the app is on your phone, now you’re seeing options for lower monthly payments, now you’re thinking about what you could afford with the app as opposed to what you have right now.
I bought an escooter through one of those apps and paid 0% interest, so it worked out for me, but you have to be careful about it.
Huh. A free e-scooter, you say? Don’t mind if I do!
More demand and more inflation. Then they will charge fee and seller wont be able to get rid of this payment option as most of customers already use it. Then this fee is included in price leading to more inflation. 0% interest rate is cancer on top of consumerism