Alt text: Screenshot of a receipt showing payment over time of a $1.50 hotdog in four equal installments of $0.375 spread out every other week.

  • Shardikprime@lemmy.world
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    2 days ago

    I mean the interest in a loan is basically an expression on how much they estimate the risk is for you to default on the debt itself

    It’s fair to apply it, as it is also fair for you to not take it, all things considered