Well, if you did...you'd know that you have borrowed money in advance to purchase goods. Money loaned at a low interest rate.
If you don't pay back the loan on time, I'm not saying default, I'm saying not paying the loan on time, what interest rate do you think you'll be charged, if you can get the loan, that is...
because i choose not to have a credit card doesn't mean i don't understand credit and the system in which it works...
and whats the reason behind purchasing goods with borrowed money ?...necessity or want ?
