duckduckdroid
Member
Hello Mybroadbanders!
I wanted to raise this interesting fact that I found. My phone broke today and I wanted to see if I could get another device on credit with the lowest interest possible, I knew that bash.com, which I believe is part of TFG, allowed you to buy items and pay them off over 6 months interest free.
Here are some great examples:
1. A Hisense 43inch TV for R5999 or R999.83PM over 6 months 0% interest
2. A fugly kettle for R5990 or R998.99PM over 6 months 0% interest ( if you are paying this much to heat water you need jesus.)
3. A i3 Packard Bell Laptop for R6999 or R1166.50 over 6 months at 0% interest
You get the picture, you can go to bash.com and get TV's, horribly overpriced heating elements, laptops on credit over 6 months interest free...
Now lets take a look at the smartphone situation:
1. A Samsung A15 (basically one of the lowest range Samsung smartphones) R3799 or R366.91PM over 12 months at 28.15% interest
2. A Mobicel IX Pro (basically e-waste) R1299 or R125.46 over 12 months at 28.15% interest
All of the above examples are hyperlinked to the corresponding bash.com pages for your viewing pleasure.
So my question is, why can you buy so many products at 0% interest, however, when it comes to, what I would consider a damn-near-basic-human need, a smartphone, why can't it also be sold at 0% interest over 6 months?
Is this TFG complying with the big carriers to ensure that we keep paying them exorbitant contract prices? Why can't we buy phones at 0% interest on credit like we would TV's or Laptops? What is the big difference? Surely this goes against the Consumer Act?
I wanted to raise this interesting fact that I found. My phone broke today and I wanted to see if I could get another device on credit with the lowest interest possible, I knew that bash.com, which I believe is part of TFG, allowed you to buy items and pay them off over 6 months interest free.
Here are some great examples:
1. A Hisense 43inch TV for R5999 or R999.83PM over 6 months 0% interest
2. A fugly kettle for R5990 or R998.99PM over 6 months 0% interest ( if you are paying this much to heat water you need jesus.)
3. A i3 Packard Bell Laptop for R6999 or R1166.50 over 6 months at 0% interest
You get the picture, you can go to bash.com and get TV's, horribly overpriced heating elements, laptops on credit over 6 months interest free...
Now lets take a look at the smartphone situation:
1. A Samsung A15 (basically one of the lowest range Samsung smartphones) R3799 or R366.91PM over 12 months at 28.15% interest
2. A Mobicel IX Pro (basically e-waste) R1299 or R125.46 over 12 months at 28.15% interest
All of the above examples are hyperlinked to the corresponding bash.com pages for your viewing pleasure.
So my question is, why can you buy so many products at 0% interest, however, when it comes to, what I would consider a damn-near-basic-human need, a smartphone, why can't it also be sold at 0% interest over 6 months?
Is this TFG complying with the big carriers to ensure that we keep paying them exorbitant contract prices? Why can't we buy phones at 0% interest on credit like we would TV's or Laptops? What is the big difference? Surely this goes against the Consumer Act?
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