Finally paid off my Costco hotdog 🙏
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Conversely, you can't have a house, you have no credit.
Fine I just paid off a 1.50 loan for a hot dog.
Ok, now you can borrow 500k because you proved yourself responsible with $1.50
Reality isn't too far off, back in the day I couldn't get a loan because I had zero credit history, but then could get a mortgage after a few months of getting a credit card with like a 500 dollar credit limit.
When I was a young adult I bought my first car with a loan because my girlfriend at the time relied on her parents old van which had the engine die (I very recently learned this was due to off label oil change practices her ex told her to do when he worked at the Walmart auto dept)
Anyways since I had basically no credit history, I ended up with a 22% interest loan on my car! I didn't know what I was looking at in the paperwork and the sketchy dealership my BIL insisted we go to flat out was "joking" "oh you don't want to read that. Just sign here!'
Once I had a chance to look at what I signed I quickly opened a bank account and got that loan refinanced down to an 8% interest rate. I also learned that it had some extended service plans added on that I didn't know about which didn't cover anything that wasn't already covered by the manufacturer warranty.
Later on I went back to college, pulled equity out of the car and refinanced it again down to a 4% interest rate, then a few months later I totaled it hitting a deer.
I kinda forgot what my point was in sharing this story but here we are I guess
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Time to buy another one!
In this economy?
You’d have to leverage your hotdog assets and get a secondary hotdog line of credit based on the initial hotdog equity.
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I have this shirt in white and I love it. I know I sound like a bot response but genuinely I love this shirt haha
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Ha ha! Phallic penis joke!
Can't a person just enjoy some dick shaped food in the privacy of their own front yard?
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Alt text: Screenshot of a receipt showing payment over time of a $1.50 hotdog in four equal installments of $0.375 spread out every other week.
"In just 4 easy payments..."
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Fun fact: "FINANS" actually means finance in turkish
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Alt text: Screenshot of a receipt showing payment over time of a $1.50 hotdog in four equal installments of $0.375 spread out every other week.
If you’re financing hotdogs interest free, I have no issue with it. The currency USD has, inflation, albeit low, so this is probably not a bad idea, check your t&Cs tho.
Now if you are buying hot dogs, or any other meal, with buy now, pay later (BNPL) then it’s probably time to rethink your budget and personal finances, no meal is worth that kind of debt.
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If you’re financing hotdogs interest free, I have no issue with it. The currency USD has, inflation, albeit low, so this is probably not a bad idea, check your t&Cs tho.
Now if you are buying hot dogs, or any other meal, with buy now, pay later (BNPL) then it’s probably time to rethink your budget and personal finances, no meal is worth that kind of debt.
Hell yeah, when people offer me interest free loans I take it.
One time I misunderstood something as an interest free loans when it wasn't so I paid it off entirely in the first bill. Sadly, I had to pay $0.01 in interest. How will I ever recover?
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Fun fact: "FINANS" actually means finance in turkish
Same in many Scandinavian languages
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Hell yeah, when people offer me interest free loans I take it.
One time I misunderstood something as an interest free loans when it wasn't so I paid it off entirely in the first bill. Sadly, I had to pay $0.01 in interest. How will I ever recover?
I mean the interest in a loan is basically an expression on how much they estimate the risk is for you to default on the debt itself
It's fair to apply it, as it is also fair for you to not take it, all things considered
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I mean the interest in a loan is basically an expression on how much they estimate the risk is for you to default on the debt itself
It's fair to apply it, as it is also fair for you to not take it, all things considered
I'm not actually losing sleep over the penny lol
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Alt text: Screenshot of a receipt showing payment over time of a $1.50 hotdog in four equal installments of $0.375 spread out every other week.
Congrats! Thanks Freddie Mac-n-cheese!
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That's how you build up good credit
Do you gain credit with these types of companies? Also they're paying an extra 4¢, since 37.5¢ will round up to 38¢.
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Do you gain credit with these types of companies? Also they're paying an extra 4¢, since 37.5¢ will round up to 38¢.
Tbh i have no clue lol
