Quote:
Originally Posted by Travis Munroe
It is a tough fix but if the government were to step in, I would imagine that they would need to limit "financing" options. If you can't afford to buy that new mattress for $2,000 then you can't afford to pay $20 a month for 120 months with interest. The ability to finance almost anything has taken from the art of saving.
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It's so standard now and engrained in businesses that sell $1000-$3000 products. "Thanks for your help, going to wait until Black Friday and see if this TV comes down".
"Oh we can finance here, we can have you approved on the spot and you leave with it". What? No, I wasn't implying I wanted to finance a TV, I was implying exactly what I said - I want the best price I can get which is most likely on Black Friday.