And that’s when they find out that some people have such crapola credit scores that they can’t get the card, and with layaway gone, they just don’t buy anything.
Or you get people who absolutely hate the idea of “buy it now and pay double later.”
@Dakala: Oh, but they can get the card, at different interest rates depending on the credit score. Then you have people going way into debt they can never pay off. And round and round we go!
And that’s when they find out that some people have such crapola credit scores that they can’t get the card, and with layaway gone, they just don’t buy anything.
Or you get people who absolutely hate the idea of “buy it now and pay double later.”
Ames had a bad habit of giving credit to anyone, especially those in debt to them already…
Or they buy now and never pay
@Dakala: Oh, but they can get the card, at different interest rates depending on the credit score. Then you have people going way into debt they can never pay off. And round and round we go!
Layaway seems like the better deal.