Quote:
Originally Posted by cmcm3
100% correct. If you are getting no benefit from paying 100% cash up front, and you don't end up paying more for having that money in your account for 24 more months, then its a no-brainer. If you don't have 100% of the cash before buying, well thats a grey area, and one that is for each individual to decide, based on their income, and other financial commitments.
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I'm not so sure about that. I mean, it seems that way, but, I think that these incentives make it seem "ok" to carry a debt and make humans more apt to spent money than if they pulled out cash and paid 100% at the time of purchase. I even have hesitations about using a credit card even though I pay it off at the end of each month. The credit industry in America is extraordinarily mature with tremendous powers on the human (American) psyche.