War on cash

Out of context: Reply #10

  • Started 8 years ago
  • Last post 8 years ago
  • 10 Responses
  • Beeswax0

    In Turkey you can use credit cards everywhere and banks automatically create up to 12 month installments for any purchase.

    People love it, say you buy a furniture for $300 you pay around $30 a month.

    The downside is it quickly accumulates a lot of monthly payments for the customer.
    But businesses benefit from it.

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