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Message
re: 0% interest question
Posted on 2/20/13 at 12:02 pm to Vols&Shaft83
Posted on 2/20/13 at 12:02 pm to Vols&Shaft83
quote:
Really? Not at all?
Explain to me how 0% interest makes money for the 3rd party lender then? Banks NEVER LOAN Money at 0% interest. They will either charge the facilitator of the loan, or the customer.
Or do you think all of those Wells Fargo skyscrapers just appeared out of thin fricking air?
Since the customer agreed to purchase the item, at 0% interest for 90 days, then the seller of the item is responsible for the interest to the bank. The seller is going to let the bank take his profits? I THINK NOT.
Did you actually read my post?
No, that statement is not true. I didn't say the seller didn't incur any type of interest associated with the purchase. I simply said that I am not overpaying for a product because "the cost is built in". If you go to Firestone to buy the tires that I bought you are going to pay the same price as I did on the credit card I opened at Firestone to obtain the interest free for 6 months, regardless of whether or not you have cash. Firestone doesn't negotiate. Try reading before you come in trying to be a raging dick.
Posted on 2/20/13 at 12:41 pm to PurpleAndGold86
quote:
Did you actually read my post?
No, that statement is not true. I didn't say the seller didn't incur any type of interest associated with the purchase. I simply said that I am not overpaying for a product because "the cost is built in". If you go to Firestone to buy the tires that I bought you are going to pay the same price as I did on the credit card I opened at Firestone to obtain the interest free for 6 months, regardless of whether or not you have cash. Firestone doesn't negotiate. Try reading before you come in trying to be a raging dick.
First, yes I did read your post it said:
quote:
This is not at all true
I don't see how you backed up your contention that my statement was "Not at all true ". You have provided no logical argument to the contrary.
Secondly, using Firestone as your sole example of why my statement was "Not at all true ", ranks among the most retarded arguments I've ever seen posted on this board. So because Firestone doesn't negotiate, 100% of all businesses everywhere don't negotiate?
Finally, A Firestone Credit Card??? Are you kidding me, WHO THE frick HAS TO FINANCE TIRES?
You are so far out of depth on this one, it's scary.
This post was edited on 2/20/13 at 12:45 pm
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