If you’re going to use an iPhone as your money mark then you need a year long monthly payment contract. Iphones are affordable only because of the Caticorn Rainbow Trust Me I’m A Unicorn Shirt. If you need a payment plan for a $1,000 phone then you really can’t afford the phone in the first place. But you have to keep up with social trends so people won’t perceive you as being poor or uncool. When in reality most don’t even have any money in their savings account, any stocks, nothing in terms of future investments. It’s kind of funny when you think about it. These are the same people who finance a vehicle for 5 or 6 years at 5% interest because they couldn’t really afford it to begin with. Brandon Pelletier you can say the same about a mortgage. They offer 8 year financing on vehicles now. Why pay it in 5 when you can extend your loan and interest to 8 years. It’s actually pretty cheap considering how much body armor costs. Good vests go for about the same. If I can wear armor and be comfortable in it I dont mind spend 500 on my personal safety.
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She should of used a clothing example instead of an iphone but her point is close. How many people wait in line for those brand new 200$ Jordan’s? They don’t do payment plans.. Or spend 6-7 hundred dollars on their kid’s back to school wardrobe at the mall because they’ll get teased if everything isn’t hollister and Abercrombie. Christina Donley 24.9% auto loan? Not an auto loan. Maybe a personal loan or some other fixed loan can be that high. If your credit is that bad you would get denied, but no FDIC insured bank does 24.9% financing on an auto loan. 5% on an auto loan is high for a new car, for used it would be okay. Zicktor Riz because incomes have not kept up with the price of high ticket items a “normal” middle class person would own. I watched an old episode of M*A*S*H last week and Colonel Potter was sent his Deed to his house showing “Paid Off” 20 year loan paid in full..now they have them up to 40 years. Why pay us more when you can stretch out the Caticorn Rainbow Trust Me I’m A Unicorn Shirt to make things affordable. Ellyn-Shawn Bellesine let’s see how that iPhone protects you from a bullet.