alt Hacker NewsFor whatever reason, people are just more into paying for $10 / subscription fees, than they into financing stuff.
To such a degree that they able to pay for a bunch of subscriptions they completely forget about.
Replies
Sander_Marechal • last Tuesday at 3:36 PM
The difference is that with financing you're stuck with it (and your credit rating drops, at least in the EU here). You're not stuck with a subscription. If your income changes and you can't afford it anymore then you can cancel your subscription.
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vel0city • last Tuesday at 2:49 PM
> people are just more into paying for $10 / subscription fees, than they into financing stuff
I'm not so sure, seeing the explosion of Buy Now Pay Later (BNPL) platforms.
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The mental model of subscriptions and financing are totally different. If I'm paying a subscription I might cancel next month, and that's a sort of freedom. If I'm financing a piece of hardware I don't want to stop paying, I want that hardware, so that's a commitment.