- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 0% interest question
Posted on 2/20/13 at 7:35 pm to Vols&Shaft83
Posted on 2/20/13 at 7:35 pm to Vols&Shaft83
quote:
And you haven't disproved my assertion, the 0% offer is costing you more than the savvy consumer because even if you are one of 16% that pay off the note quickly, you're still paying full retail price for a product that goes down in value.
That's not what the argument was, but whatever dude. You're clearly smarter than all of us. And I'd love to know how paying $xxx all at once versus paying $xxx over 6 payments somehow is costing me more. If anything I'm out ahead
due to inflation.
quote:
Not to mention the added cost of assuming a debt risk, the cost of your time to make the payments, the hassle of junk mail, fraud and identity theft risk.
Online account eliminates all of that except for the risk, and I monitor my credit freely, so not too worried about that either. Keep going though with things that have nothing to do with the claim you made.
quote:
And while I'm quite positive I don't know it all, I'm 100% sure I know this: I don't have to deal with any of that bullshite with cash.
Is this a Dave Ramsey philosophy you're trying to propagate?
1
Posted on 2/20/13 at 8:11 pm to LNCHBOX
quote:
Is this a Dave Ramsey philosophy you're trying to propagate
I'm sure Dave Ramsey would agree with me, but no. And is there something wrong with propagating Dave Ramsey's philosophy on debt?
You keep making monthly payments if you want, I'm sure it'll lead to untold prosperity for you.
quote:
And I'd love to know how paying $xxx all at once versus paying $xxx over 6 payments somehow is costing me more
I believe you actually quoted my answer to this, let me refresh your memory:
quote:You won't get 0% financing on something below MSRP.
you're still paying full retail price for a product that goes down in value.
quote:
Online account eliminates all of that except for the risk
Which risk, being in consumer debt? Or the risk of fraud or identity theft? Because you're correct, it doesn't eliminate either one.
quote:
You're clearly smarter than all of us.
Well at least we finally agree on something
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News