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To: DMaA who wrote (24582)	7/12/1999 5:21:00 PM
From: MulhollandDrive	Respond to of 93625

OT** DMA I have a story worse than that. My daughter bought some appliances at Best Buy and used the 6 month "free" financing. She figured out how much a month she would have to pay to pay in full before the 6 months and began making her payments. She went on vacation and she was 2 days late on her payment, and they tried to charge her the full finance amount as a "penalty"! Like you, she just paid it in full. Sad to say there are plenty of people that do not have the financial discipline to pay off a "free loan" in the allotted time frame and these people end up getting nailed with exorbitant interest rates. Otoh, there are people like yourself who say they are more than happy to take advantage of "their interest free loan". It basically comes down to those who don't need it, take advantage of the float, the ones who do need it, usually can't pay off in time and can't afford the ridiculously high interest payments. I'm convinced that the finance companies must have some kind of arrangement with the stores like Best Buy whereby they will be re-imbursed a certain amount for the lost interest, if the "loan" is paid off in a timely manner and no interest accrues. No such thing as a free lunch, YOU might not pay, but somebody else surely will. bp