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by mikeash
4261 days ago
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Similarly, I nearly got a zero-interest loan on the car I bought last year, but we changed our minds at the last minute when it turned out there was a nice hidden discount for paying up-front. I think better phrasing would be that needing to rent or get a loan for any consumer item is a bad idea. It's fine to take out a loan if you have the cash anyway but find it advantageous to hold onto it, but if you're relying on future income to buy the stuff now, it's a sign of trouble. |
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