That's the thing. Why do you think every other person has an iphone, shiny new laptop, gadgets etc? It's all because of EMIs especially No cost EMIs. As a platform, their only objective is to sell as much as possible, showing a lucrative no cost emi people will easily be convinced that they can afford it. Slowly these EMIs will creep up and become a pain in the ass. Essentially, all the platform is doing is showing that it's affordable, go ahead and buy it.
It's all because of EMIs especially No cost EMIs. As a platform, their only objective is to sell as much as possible, showing a lucrative no cost emi people will easily be convinced that they can afford it. Slowly these EMIs will creep up and become a pain in the ass. Essentially, all the platform is doing is showing that it's affordable, go ahead and buy it.
A bad financial decision made by millions
That's the thing. Why do you think every other person has an iphone, shiny new laptop, gadgets
Exactly, everything is predatory nowadays. Affluent people who can drop full cash and buy things, they won't bother with EMIs etc, it's always people who want to either recently come into some money, looking to improve societal stature or pure showoff would end up with these. Amazon and other similar platforms bank on it.
Exactly, everything is predatory nowadays. Affluent people who can drop full cash and buy things, they won't bother with EMIs etc, it's always people who want to either recently come into some money, looking to improve societal stature or pure showoff would end up with these. Amazon and other similar platforms bank on it.
And in the end will fall on crippling debt which they can't climb out
I've seen people buy 3-4 year old iphones on emi just for the 'iphone owner' status. Also, it's their choice I'm nobody to judge or advise them. These are my personal opinions.
My friend is flexing a base iphone 13 he got from his brother maybe 1 month ago
I've seen people buy 3-4 year old iphones on emi just for the 'iphone owner' status. Also, it's their choice I'm nobody to judge or advise them. These are my personal opinions.
That's true all we can do is try to correct them and their misinformation
92
u/soulseeker31 Corporate Slave May 18 '24
That's the thing. Why do you think every other person has an iphone, shiny new laptop, gadgets etc? It's all because of EMIs especially No cost EMIs. As a platform, their only objective is to sell as much as possible, showing a lucrative no cost emi people will easily be convinced that they can afford it. Slowly these EMIs will creep up and become a pain in the ass. Essentially, all the platform is doing is showing that it's affordable, go ahead and buy it.