ByteOnBikes@slrpnk.net to Fuck Cars@lemmy.worldEnglish · 2 months agoAs a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone 🙃slrpnk.netimagemessage-square234fedilinkarrow-up1659arrow-down145
arrow-up1614arrow-down1imageAs a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone 🙃slrpnk.netByteOnBikes@slrpnk.net to Fuck Cars@lemmy.worldEnglish · 2 months agomessage-square234fedilink
minus-squaresunzu2@thebrainbin.orglinkfedilinkarrow-up3arrow-down1·2 months agoThat loan was likely originated during a different intertest environment. So that commeneter is playing arbitrage
minus-squareJayleneSlide@lemmy.worldlinkfedilinkEnglisharrow-up2·2 months agoThis is exactly the case. Also, I worked for a credit union at the time, and employees got a 1% discount on interest rates for loans over a 24 months.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·2 months agoI can’t speak for the other guy, but these high interest investments were available when I took out my car loan too. That’s why I opted for the longer term loan.
That loan was likely originated during a different intertest environment. So that commeneter is playing arbitrage
This is exactly the case. Also, I worked for a credit union at the time, and employees got a 1% discount on interest rates for loans over a 24 months.
I can’t speak for the other guy, but these high interest investments were available when I took out my car loan too. That’s why I opted for the longer term loan.