What began for many as a way to pay for concert tickets and vacations is becoming an ordinary tool that Gen Z and millennial shoppers use for food, contact lenses and trash bags.
When I used to work at a Best Buy subsidiary, it was free for the 3 or 12 months… but if not fully paid by the end of term, you got walloped with the full interest on the whole value. It was like 28.9% APR too.
People would routinely finance thousands of dollars in Christmas presents and would actually get furious, screaming at me or others if they weren’t approved for the amount they applied for. One woman was screaming that it was my fault and I just couldn’t help myself and replied along the lines of ‘nah bitch, you’re just broke. We’re hiring for the holidays though’ cue an epic Karen episode… later my manager told me that’s not how I’m supposed to get a referral bonus LoL. He was a good guy.
Ahh, okay. So a financial gun pointed to your head. This has certainly no chance of going awry.
When I used to work at a Best Buy subsidiary, it was free for the 3 or 12 months… but if not fully paid by the end of term, you got walloped with the full interest on the whole value. It was like 28.9% APR too.
People would routinely finance thousands of dollars in Christmas presents and would actually get furious, screaming at me or others if they weren’t approved for the amount they applied for. One woman was screaming that it was my fault and I just couldn’t help myself and replied along the lines of ‘nah bitch, you’re just broke. We’re hiring for the holidays though’ cue an epic Karen episode… later my manager told me that’s not how I’m supposed to get a referral bonus LoL. He was a good guy.