View Single Post
  #114   Report Post  
Posted to alt.home.repair
harry harry is offline
external usenet poster
 
Posts: 9,188
Default O.T. Next financial bubble to burst.

On Dec 24, 10:12*pm, Higgs Boson wrote:
On Dec 24, 1:50*pm, "DGDevin" wrote:

"harry" *wrote in message


...


Well said. *Reckless borrowing is foolish, but wise use of credit to
improve
your future is what separates the men from the Harrys of the world.
Any form of borrowing merely reduces your standard of living. You pay
more.


Hogwash, a zero-interest loan to buy a car is a brilliant investment.
Instead of paying cash I leave the money in an interest-generating
investment and make monthly payments that can come out of petty cash. *A
*free* five-year loan, and a new car to drive, what exactly is the downside
of that?


I am confused. *Doesn't the buyer have to pay the accumulated interest
at the end of the designated period?

HB





Send me $100 and I will become your financial adviser. *Heh! Heh!


You are overestimating the value of your advice by at least $99.95.- Hide quoted text -


- Show quoted text -


There is no such thing as a zero loan. Somewhere along the line
someone is paying that interest money. If someone offers you a zero
interest loan it means the price on the product has been upped to
cover it. You are a very credulous person if you can't see that. You
don't get anything for nothing. Time to shop somewhere else.