killerzX said:
you dont take out loans on something that costs a couple houndred dollars. you do that on huge purchases/investments like homes and cars. Just like any objective observer would say pay day loans are a horrible decision. Low income families are the last people that should be thinking about utilizing this deal. if they cant afford to pay ~$200 upfront they should absolutely not be doing this deal. it makes zero financial sense. They should be paying bill instead with this money.
is this a great business model for microsoft? Yes. is it a good deal for the most consumers? No. but obviously microsoft is in the business of making money, and that is the only obligation they have, and they do a great job of doing. so, im not going to fault them for making good business decisions. |
Cell phones buddy. Its been done with them for far longer and they aint no cars and houses.
The 4gb 360 with kinect is now temporarily $250. 2 Years of Live is $120. Cell phones can cost that much if you dont want data plans.
People want to be entertained, even if it means spending money they dont have. Hey I dont make the rules but I do know that debt levels are high in NA. Not my problem but its a reality. MS is just doing what cell phone companies have been doing since phones can surf the net.








