• PeriodicallyPedantic@lemmy.ca
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    4 days ago

    What I’m trying to say is that this scheme gives the retailer an interest free loan on every purchase, courtesy of the customer, so fuck them for that.

    • ramjambamalam@lemmy.ca
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      4 days ago

      Don’t credit cards usually give 21 days of interest free grace period? So this is over ~9 days worth of interest? Fuck them for that? Not fuck them for exploiting gambling addiction, but for not giving the consumer their two quarters worth of interest?

      • PeriodicallyPedantic@lemmy.ca
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        3 days ago

        Why do we have to choose just one thing to fuck them for? I by no means made this the exclusive reason to fuck them.

        I’m not talking about the interest I pay on my credit card, I mean that if they’re holding my money so that I can’t use it, they better pay me for that.

        They’d effectively be crowed sourcing micro-loans from unsuspecting average customers, without compensating them for lending. That’s icky AF. So is taking advantage of gambling addiction, but they can both be icky AF.