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.
No interest?
Finally paid off my Costco hotdog 🙏
Submitted 1 day ago by Gork@sopuli.xyz to [deleted]
https://sopuli.xyz/pictrs/image/9b5192c4-9622-42ea-b03b-8e89872e05c6.webp
Comments
Stillwater@sh.itjust.works 1 day ago
CaptDust@sh.itjust.works 1 day ago
Pay in 4 is usually zero interest, but they’ll stack heavy late fees if you miss it.
PhobosAnomaly@feddit.uk 1 day ago
“why can’t we get a mortgage?”
“Well I bought a hot dog on a payment plan for a laugh, and I defaulted on a 38 cent payment”
“oh no”
bdonvr@thelemmy.club 1 day ago
They generally don’t no.
They get commission from the stores (because quite likely they wouldn’t have made the sale if the option wasn’t available), and also late fees
morrowind@lemmy.ml 1 day ago
Also data for advertising
Phoenix3875@lemmy.world 1 day ago
NotProLemmy@lemmy.ml 16 hours ago
Fun fact: “FINANS” actually means finance in turkish
bartvbl@lemmy.world 15 hours ago
Same in many Scandinavian languages
steal_your_face@lemmy.ml 1 day ago
Soup@lemmy.world 17 hours ago
I have this shirt in white and I love it.
lolola@lemmy.blahaj.zone 1 day ago
That’s how you build up good credit
CanadianCarl@sh.itjust.works 4 hours ago
Do you gain credit with these types of companies? Also they’re paying an extra 4¢, since 37.5¢ will round up to 38¢.
Shardikprime@lemmy.world 16 hours ago
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.
JackbyDev@programming.dev 15 hours ago
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?
Shardikprime@lemmy.world 8 hours ago
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
Kcap@lemmy.world 5 hours ago
Congrats! Thanks Freddie Mac-n-cheese!
kibiz0r@midwest.social 1 day ago
How does it handle the half-penny? Does it round up or down, collect the remainder at the end, what?
idiomaddict@lemmy.world 1 day ago
The POS system at my bakery rounds up when it’s for a customer (getting half of a loaf of bread for example) and down when it calculates the 50% employee discount. That alone has a weirdly huge impact on my job satisfaction.
griff@lemmings.world 1 day ago
typical POS behavior
474D@lemmy.world 1 day ago
Off topic, but I will forever read it as “piece of shit” system lol
robocall@lemmy.world 1 day ago
Proud of you!
kryptonianCodeMonkey@lemmy.world 16 hours ago
“In just 4 easy payments…”
WereCat@lemmy.world 1 day ago
They should allow Pain in 4 for online subscriptions.
For example Netflix. Instead of paying 8€ a month you would pay €8 a month for 4 subscriptions in advance.
Excrubulent@slrpnk.net 18 hours ago
This has a similar energy to, “Lend me a dollar, but give me fifty cents. Then I’ll owe you fifty cents, and you’ll owe me fifty cents, and we’ll be even.”
leaky_shower_thought@feddit.nl 1 day ago
good job! a+ financial discipline!
altphoto@lemmy.today 1 day ago
My bank finally approved us for a hotdog jumboloan! We sign tomorrow!
jupyter_rain@discuss.tchncs.de 1 day ago
Time to buy another one!
Lost_My_Mind@lemmy.world 1 day ago
Hey! Whoa! Easy there big spender! Some of us are caked in debt here! We can’t just be buying hot dogs now all willy-nilly!
gravitas_deficiency@sh.itjust.works 17 hours ago
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.
ShaggySnacks@lemmy.myserv.one 1 day ago
You are truly a legend to dedicate to the bit.
Chee_Koala@lemmy.world 1 day ago
This is the beginning of the rest pf your life!
ummthatguy@lemmy.world 1 day ago
Image
Costco’s co-founder, Jim Sinegal
uuldika@lemmy.ml 1 day ago
the amount of consumer goodwill that statement bought easily pays for any losses from the hotdogs. companies seem hellbent on torching their brand reputation for short-term gains these days.
Excrubulent@slrpnk.net 18 hours ago
Also my mum brought me some costco hotdogs the other day. It’s hard to get good American food in grocery stores here in Australia but those smokey delicious franks have me considering a membership. So good.