I used to have to go in with a checkbook and write a check for Zero dollars and 37.5/100 at the layaway counter.
Bitches held on to the hotdog until I was done paying. It was always cold by that point.
Think of the resell value
Considering that fertilizer is going to skyrocket in price…
When the few scattered survivors of our upcoming nuclear winter emerge and rebuild society, posts like these will be used in textbooks to prove we had it coming.
And they won’t be wrong
What’s even better is that hot dog payment plans create jobs when they hire people to retrieve the hot dogs from people who default on their payments.
Pound of flesh?
Hot dog repo man is my new dream career
I just picture you grinding up people into hot dogs. Like not all of them, just enough to make a replacement hotdog. Then the system continues.
You can have it back. You just have to wait. And wear gloves.
0% interest too!
That legitimately surprised me.
0% interest rates is paid for by the fees if you miss a payment
Not to mention, if you miss a payment, you typically have to pay interest on the full original loan from the date you took it out, at some egregiously high interest rate.
Nearly 30%, for the scheme we have access to at my work. 28.99%. That exact number may in fact inform veterans of the industry of exactly who we use for financing.
It’s also paid as a fee by the store, which in turn means every customer (incl those not using BNPL) is indirectly paying for it.
There is a small percentage surcharge imposed by whoever is providing the financing, but it’s basically the same amount as what the credit card companies charge per transaction, on the order of 1-2%, so from the store’s perspective it’s the same either way. It’s not quite correct to say that customers who are not financing hot dogs are paying for others who are, but all of the customers financing hot dogs are indeed paying for each other.
On the topic of credit cards, by the way, in some states it is legal for the merchant to pass the processing costs on to the customer and in some cases the shyster bastards actually do it. To my knowledge most or all of the banks providing in store financing or buy-now-pay-later schemes in fact prohibit that practice, so there is at least that.
Also you don’t get cash back from your credit card when you pay this way. Obviously for a $1.50 hotdog not a big deal but it adds up.
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Paying over time on Apple Pay: Loans/plans not offered by Apple. Subject to eligibility requirements and approval. Not available in all markets, and may not be available for all types of purchases, such as subscriptions and recurring transactions. Your loan/plan activity may be reported to credit bureaus by your lending/plan provider, which may affect your credit score. The availability of your loan/plan may have an expiration date. Available with Apple Pay in stores on iPhone, and online and in apps on iPhone or iPad. Software requirements apply. Additional terms may apply. For more eligibility and feature details, see Pay with installments using Apple Pay. To use Apple Pay, you need a supported card from a participating card issuer. To check if your card is compatible with Apple Pay, contact your card issuer.
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I know you probably did this for the meme but the fact that you can buy a hotdog in installments is kinda … yeah, idk. I’m lacking the vocabulary to describe my current state of mind.
Unsettling? Foreboding?
Inspiring?
Insidious
AliExpress has that too:
Your first step to rebuilding your credit score!
I would love to know how long it would take for someone to get to a credit score above 700 using only hot dog loans.
