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Modern Life, the debt cycle

by Michael on January 16th, 2010

Maybe it’s more specific to New Zealand but DAMN it’s hard to resist offers like,

“20 months interest free and deffered payment from NO DEPOSIT!“

I wish they didn’t advertise these things so much. Being in debt is becoming as normal as breathing.

Also as a sidenote, these retail companies that have such adverts but NO browsable catalogue on their website are silly. Not having an online catalogue does not make me want to come into your store to check it out. I’ll just go to your competition whom I can check out from the comfort of my home.

From → Life

2 Comments
  1. Ryan A permalink

    That sounds delicious, but it’s too easy to take such a deal and then not have the funds at the end T_T … gotta think, why would you need that loan to begin with.

    • Michael permalink

      Yeah totally. If you can’t afford it now, then you can’t afford it at all. Taking a loan is such a supremely bad idea. Contrary to common thinking having a credit history is only needed you want to have debts in the form of loans =.=! You honestly don’t need a credit history for anything other then loans. But people seem to think they need a history because they want to rent or something. I’m like… WUT?

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