iopq · HackerTrans

2 lata temudiscuss

For example, payday loans are explicit in saying they will charge you a percentage of your payday for a 14 day loan. But if you do the math, it's about 1000% interest annually

It's not a crime either, but it's predatory

iopq

2 lata temudiscuss

for people with credit over 800 the default rate must be extremely low

otherwise I wouldn't have this credit rating and the bank wouldn't trust me with over $100,000 credit limit combined over all of my credit cards

the reason I agree to this rate is because I never pay it, I loan from my broker instead where I pay like a few bips over LIBOR

iopq

2 lata temudiscuss

They are smart enough to make all their grifts "fees" and "interest rates"

For example, charging 17% on a credit card bill when the interest rate is 5.25%

and that's on excellent credit like mine where I haven't missed a payment in almost 20 years

iopq

3 lata temudiscuss

They're not going to show you jerking off to the most immersive porn ever in their ad

But that's what majority of people would actually buy VR headsets would do

iopq

11 lat temudiscuss

I was expecting something about a monk who had to report to two masters at the same time; but as he reported, the state changed, so they were never synced.

These are not the koans I was looking for.

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