:thonk: i wonder what other economic crises were preceded by loans for very small consumer goods
What's the point in working if you can't even afford pizza without financing it
At this point, you just work so you don't get murdered for being homeless.
Increasingly, work pays too little to keep people from ending up homeless anyway.
calvinist virtue, so you can prove you're one of the elect pre selected to go to heaven. duh.
Unless the service gives you an interest free loan for pizza, in which case it is objectively better to finance it over 6 weeks.
I don't have enough credit to finance a 20 dollar pizza
"You will own nothing and you will be happy" mfers when they missed their pizza interest and the bank repo their bed.
IIRC the way "pay over x weeks" financing is amortized means that you're mostly paying off interest at the start and the bulk of the principal is only paid off towards the end
:porky-happy: maximizing interest income on the income statement
"I'd gladly pay you Tuesday for a hamburger today" taken to it's logical conclusion. Hope you're fuckin happy, Wimpy.
Typical of Uber to create something like this. Also Papa Johns pizza boxes have "DELIVERY FEE IS NOT A TIP/ Please reward your driver for outstanding service" on them now. Exploitation all the way through.
Given the time value of money, you should practically always take 0% loans for everything, so I always want to do that Paypal pay-in-4 stuff I see, but is there a good way to do this practically without stressing about missing a payment or going over budget? some sort of account where you invest the money at the time of purchase into a market money fund and then it automatically sells shares when it's time to pay?
