Someone will provide the service. Even if it is a loss-leader for them, they probably have data that show that sooner or later even us "disciplined" types fall off the wagon and pay the 24% interest for a cycle or two.
” Even if it is a loss-leader for them, they probably have data that show that sooner or later even us “disciplined” types fall off the wagon and pay the 24% interest for a cycle or two.”
....I expect you’re right...it’s like what the casino boss said to the craps shooter....”sooner or later your luck’s gonna run out, and when it does; I want it to be at my tables.”
24% interest rates on credit cards. Rates the Mafia could only dream about. And to top it off, the Mafia has never had a bailout from the government courtesy of the taxpayers.
“Even if it is a loss-leader for them, they probably have data that show that sooner or later even us “disciplined” types fall off the wagon and pay the 24% interest for a cycle or two.”
Bull shit!!!
In my 72 years I have never paid one cent in interest for anything that I have bought except our first home.
I have a credit card with a $30k limit that I have had for 25 years that I charge $3-4k/month and pay off every month.