Saturday, December 7, 2013

December 6 - Online Discussion Question 3

How do companies make money on “90 days same as cash” contracts?

12 comments:

  1. They make money off the financing when you don't pay it off right away.

    ReplyDelete
  2. by slamming you with a bunch of fees and higher interest rates when you dont pay up soon enough

    travis

    ReplyDelete
  3. They make money by attacking with incredibly high interest rates and fees when you don't pay them back in time.

    Autumn

    ReplyDelete
  4. when you don't pay it off right away, that slap a bunch of big fees on you

    ReplyDelete
  5. These company expect you to miss a pay so then they can get interest and get way more money then they would have if you payed.
    adam

    ReplyDelete
  6. They make money by giving you high interest rates to pay off especially when not paying right away.

    ReplyDelete
  7. They get your money by giving you high interest rates when you don't pay the item off in time.

    ReplyDelete
  8. A lot of people dont pay it off in 90 days and then they have the interest for the 90 days and the interest till they pay it off

    ReplyDelete
  9. If you don't pay right away, and most people don't, you're charged with many fees and very high interest rates.

    ReplyDelete
  10. They make you pay tons of interest when you don't pay it off on time.

    -eyezik

    ReplyDelete
  11. When you don't pay it off on time, they have you pay all the back interest that you "didn't have to pay before" on those ninety days.

    ReplyDelete
  12. By "giving" you fees when you don't pay it off on time.

    ReplyDelete