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no more buy now, pay later

February 5 2010 at 10:25 AM
Anonymous 

 


Not sure where this 'rule' came from but I saw a Rooms To Go commercial where they declared a last time chance to take advantage of a no payments 'til 2012 deal ending on Presidents Day. I thought it was advertising. Then I opened a letter from Lowe's announcing that they would no longer offer those deals either (nice to use a grill for a year before I had to pay for it).

Was this congress, executive order or treasury department 'regulations'?

WAS THIS A PART OF THE HOUSING BUBBLE? If not, why step in?

 
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Responses

  1. too many customers were taking advantage of the never pay it regardless option - Anonymous on Feb 5, 10:55 AM
    1. Re: too many customers were taking advantage of the never pay it regardless option - Anonymous on Feb 5, 2:01 PM
    2. sort of like those cedit consolidation comercials - Anonymous on Feb 5, 3:29 PM
      1. yeah, but - Anonymous on Feb 8, 10:58 AM
     
  2. Re: no more buy now, pay later - Anonymous on Feb 5, 11:48 AM
  3.  
  4. NO, it is because corporations are expecting huge inflation in the near future - Anonymous on Feb 5, 8:52 PM
    1. Maybe. Maybe not. - Anonymous on Feb 7, 10:07 AM
     
  5. You too qualify for a credit card bailout. - Anonymous on Feb 5, 11:58 PM
    1. How about STOP BUYING OVER YOUR INCOME?? - Anonymous on Feb 6, 9:09 AM
      1. Used zero interest - no payment many times - Anonymous on Feb 6, 7:04 PM
        1. Dems living large - anon on Feb 7, 12:47 PM
     
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