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 Message Boards » » why do people need credit to get a computer Page [1]  
Poetrickster
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and then they talk about how this is the computer of your dreams. YOU CAN SEND EMAILS

YOU CAN SURF THE NET

AND YOU CAN EVEN MANAGE YOUR FINANCES

10/13/2007 1:33:16 PM

UberCool
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i've often wondered the same thing

10/13/2007 1:39:29 PM

Aficionado
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like a same-as-cash deal?

your return is higher if you use same-as-cash

10/13/2007 1:39:49 PM

fjjackso
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Quote :
"your stupid"

10/13/2007 1:40:07 PM

LimpyNuts
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because they don't realize they're paying $2000-$3000 for a $400 computer

10/13/2007 6:30:58 PM

NC86
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OMG, LOok maw, i gots me a new fancy computer

10/13/2007 6:40:08 PM

jackleg
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is this a serious question? theres a segment of our society that cant pull 700 bucks or whatever out of their ass for a new computer.

but they dont have good enough credit for a mastercard or a best buy financing card or whatever

so they have to go with the 3000% interest place if they want the computer

theres your answer

10/13/2007 6:43:42 PM

Murdoc
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Or they could just be responsible and save up for it.

10/13/2007 7:46:00 PM

jackleg
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quick murdoc, where do i buy your guide to how to live the american dream.... without debt!!1

10/13/2007 9:15:50 PM

Beardawg61
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lol

10/13/2007 9:18:28 PM

KE4ZNR
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http://en.wikipedia.org/wiki/BlueHippo_Funding

My Opinion is if you are stupid enough to fall for this then you deserve to be screwed over....

10/13/2007 9:31:26 PM

LimpyNuts
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^?   > jackleg

1. higher education in a scientific field or business management
2. get a job in a lucrative field
3. save money and pay off debts accumulated in (1) (during this step do not accumulate debts you can not pay off, with the exception of real estate)
4. profit (literally)

[Edited on October 13, 2007 at 9:35 PM. Reason : ]

10/13/2007 9:34:28 PM

LimpyNuts
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I went on their website and did a comparison (without registering the website won't give you the details of payment).

HP Workstation xw8400 Dual Core
You only pay: $52.99 a week.

Assuming $52.99/wk for 52 weeks (I don't know what the other payments are)
You Pay: $2755.48

The system is available through HP's website identically configured for:
You should pay: $1882

This constitutes an annual interest rate of:
38.26%



Let's do another one: HP xw4400
You pay: 31.99/wk
Total: 1663.48
Actual Price: $856

This constitutes an annual interest rate of:
66.87%

10/13/2007 10:03:46 PM

ThePeter
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Quote :
"38.26%"

10/13/2007 10:06:49 PM

slingblade
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52.99/week = 212/month = payment for a small car.

10/13/2007 10:10:02 PM

LimpyNuts
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66.87%

That's the interest rate on the cheapest computer on their site that isn't discontinued.

10/13/2007 10:12:11 PM

ThePeter
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Quote :
"66.87%"

10/13/2007 10:14:51 PM

LimpyNuts
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HP Compaq Business Desktop dc5100
You only pay: $21.99 a week.
Total: 1143.48

Available online NEW with a FASTER PROCESSOR for: $249

This constitutes an annual interest rate of:
154.70%
(I'm thinking an interest rate this high might be illegal)

10/13/2007 10:17:26 PM

DiamondAce
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Quote :
"Product costs
Their main product is a personal computer system for which they charge a total of $2178.48 including interest, subject to late fees. Radio commercials state that a customer must build a "short credit history" to qualify. The payment is made through a long installment plan. Initially, customers pay a $99 down payment, followed by 13 weekly payments of $39.99. This is followed by 3 to 12 variable payments. Customers then make a final pre-shipping payment, followed by a week-long waiting period, before the system is physically shipped. Post-shipment, customers must make 52 more weekly payments (1 year - see chart below). Comparable computer systems generally cost $400 out-of-the-box. [2
"


Blue Hippo is raping people!

10/13/2007 10:24:22 PM

LimpyNuts
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they've made changes to the way you pay and it's not readily available on their website.

but it looks like the raping has decreased in egregiousness

[Edited on October 13, 2007 at 10:30 PM. Reason : ]

10/13/2007 10:30:18 PM

Poetrickster
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and you can always go to the library when you don't have a computer. thats what i did a good part of the summer when mine was down. thats what redhead chick does every day.

10/14/2007 3:47:22 AM

pcmsurf
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^ that redhead freaky lady shouldnt be allowed in the library if all shes gonna do is lay all over the couches and play on the internet

10/14/2007 3:55:40 AM

joe_schmoe
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but does she bwn?

10/14/2007 5:20:40 AM

Jen
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^^ yah wtf. I always wonder if she is homeless but i never had the balls to ask her.

10/14/2007 8:46:18 AM

joe_schmoe
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does she always wear old fatigue bottoms?

10/15/2007 1:53:01 AM

 Message Boards » Chit Chat » why do people need credit to get a computer Page [1]  
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