What I Am Buying Today.

[fenders53]

(11-19-2021, 11:39 AM)divmenow Wrote:

(11-19-2021, 11:27 AM)fenders53 Wrote: I think you get the stuff now is the difference.  Sorta like 4 or six months same as cash and I am guessing weak credit score is OK.

That's exactly correct. And they don't even check credit score lol 

This will be a recipe for disaster when those people cant pay and are charged a 18.% charge 

It will lucrative for the card issuer.  Several percent will never pay.  50% at some point won't make the cutoff and pay interest for a year.  Another group will take years to pay off something that cost $500 and pay for it about twice. 

HD pushes the heck out of cards and we sign up a lot of people daily at the registers.  A mediocre cashier can usually push one per shift.  I've sold five of them back when I used to do a cashier shift now and then.  Our stats say a new card holder will spend about $1100 at HD during  month one.  He's not going to Lowe's for awhile because he has an HD card that needs used lol.    Cashier just covered his wage in profits for at least a day peddling one credit card.  They do offer free financing for cardholders so if you are smart you can finance a project that costs a few Gs no interest if you need six months to pay it off.