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A comment on Equifax removed the $125 claim payout option after millions submitted claims. Parent comment

Re:Equifax removed the $125 claim payout option after millio... by pergadad on Thursday August 01, 2019 @05:54AM (#20582449)
Being offered whether actually planning to buy on credit are different things. I'm German and would never buy furniture for which I don't have the money (exception maybe if the oven breaks and I don't have enough at hand) - but I'd never buy a sofa paying as instalments.
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Re:Equifax removed the $125 claim payout option after millio... by donogh on Thursday August 01, 2019 @06:27AM (#20582599)
Culturally, Germany seems to have a strong aversion to personal debt. In the UK and Ireland, consumer behavior is very much in line with the US.
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Re:Equifax removed the $125 claim payout option after millio... by akuji1993 on Thursday August 01, 2019 @07:20AM (#20582834)
This is absolutely the case for Germany yeah. We only take credits out for cars and houses mostly. Taking out a credit for common or ordinary items is very uncommon and looked down upon. It "shows" that the person can't handle money well or lives above their means.
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Re:Equifax removed the $125 claim payout option after millio... by bengale on Thursday August 01, 2019 @08:32AM (#20583174)
Each time I've got a sofa I've done it on credit. It's always been 0% interest and it seems sensible to keep money liquid if someone wants to give me credit for free.
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