Quoted from flashinstinct:Meh. People spend their money on dumb shit like $8 starbuck coffees, and $8 Mc Combo Meals on a daily basis. If I take a loan for a pin and pay it off in 7 months for me it's a win win. The bank made $60-$70 and I made $100. People buy boats, cars, RVs, pools on credit and loans and no one bats a lash. Why is a pin such a bad thing to take a loan on given that you get 0% for in some cases 21 months?
Thank you. I 100% agree. If people are going to buy $8K pins that are "baseline" for some companies "because they can", then this is also relevant
Not everyone story is out there. One of the very best ways to build your credit score is to make purchases on credit, pay on a regular and timely basis, and knock the debt out. Some people have to do that because their life took a very unexpected and unfortunate turn, and we shouldn't be quick to judge someone "going in debt over a pin" when in all actuality they are doing something that best benefits their monetary situation.
Ask me how I know.
