Re:If you miss an Apple Card payment, Apple disables all you...
by monadic7 on Monday March 01, 2021 @03:42PM
(#26308107)
I don't think that's possible with any line of credit. Our entire society is built off of interest rates.
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Re:If you miss an Apple Card payment, Apple disables all you...
by kube-system on Monday March 01, 2021 @04:29PM
(#26308685)
There's plenty of zero-percent consumer credit lines. Interest rates are certainly not the only way to make money by lending money, particularly if you have something to sell.
In this instance: https://www.apple.com/apple-card/monthly-installments/
Buying a Mac on credit is considerably cheaper than buying with cash. 12 months of the time-value of money + you get 3% cash back.
Re:If you miss an Apple Card payment, Apple disables all you...
by danielhlockard on Monday March 01, 2021 @04:31PM
(#26308707)
No interest if you pay off the balance of the card every month. Tons of people do it.
Re:If you miss an Apple Card payment, Apple disables all you...
by monadic7 on Tuesday March 02, 2021 @06:58AM
(#26314348)
Sure, tons of people don't, too. That's why creditors exist. When you use a credit card you're funding the impoverishment of others.
Granted, there's not much way to avoid that in american society.
Re:If you miss an Apple Card payment, Apple disables all you...
by vineyardmike on Monday March 01, 2021 @05:38PM
(#26309446)
The apple card actually gives you 0% on apple products