Thats not whats gonna happen, they gonna make that first $50 dollar payment, wear that shyt to the club once. then cancel their card and let them repo them shytsPay $1000+ for some $150 shoes![]()
Pay $1000+ for some $150 shoes![]()
As dumb as it is to rent to own some shoes...
i feel like this is an even dumber business model. Most people only want to wear some shyt when its new to stunt with anyway. so if they miss payments and you repossess some worn out J's they won't even care and nobody else is gonna want to rent some J's bowling shoe style after they already been broken in by someone else.
They'd have no reason to make even a second payment though. Rock it once, take all the pics you need to stunt on social or whatever and you done with them shoesEven if the person who buys the shoes stops paying after 5 months, the payments they made will be more than the price of the shoe itself
Diabolical business model
It’s payday loans level diabolicalEven if the person who buys the shoes stops paying after 5 months, the payments they made will be more than the price of the shoe itself
Diabolical business model
They'd have no reason to make even a second payment though. Rock it once, take all the pics you need to stunt on social or whatever and you done with them shoes
how would repo's work? they can't enter your home and go through your closet.Having no reason to doesn't mean they won't stop paying
And by having lower income buyers buy the products increases sales quotas for that product as well, which is another benefit to them