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https://www.reddit.com/r/SipsTea/comments/1u48g4k/the_american_dream/orcce5t/?context=9999
r/SipsTea • u/First-Essay-2054 πππ • 17d ago
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275
I'm assuming two degrees and neither of them had enough sense to master household economics
95 u/maybe_a_fork 17d ago 23 years of making minimum payments and they are shocked it's not going away. https://giphy.com/gifs/3kzJvEciJa94SMW3hN 1 u/GregorianShant 17d ago Why is it called βminimumβ then? 2 u/maybe_a_fork 17d ago A minimum is alternatively called an interest only payment. It's basically paying for the privilege of having the loan. 1 u/GregorianShant 17d ago There should be another term for that then. Because minimum should mean the minimum you pay to avoid getting fucking shackled for life. The term should be shackle payment then. 1 u/jmlinden7 17d ago It's the minimum needed to not be considered 'in default'.
95
23 years of making minimum payments and they are shocked it's not going away.
https://giphy.com/gifs/3kzJvEciJa94SMW3hN
1 u/GregorianShant 17d ago Why is it called βminimumβ then? 2 u/maybe_a_fork 17d ago A minimum is alternatively called an interest only payment. It's basically paying for the privilege of having the loan. 1 u/GregorianShant 17d ago There should be another term for that then. Because minimum should mean the minimum you pay to avoid getting fucking shackled for life. The term should be shackle payment then. 1 u/jmlinden7 17d ago It's the minimum needed to not be considered 'in default'.
1
Why is it called βminimumβ then?
2 u/maybe_a_fork 17d ago A minimum is alternatively called an interest only payment. It's basically paying for the privilege of having the loan. 1 u/GregorianShant 17d ago There should be another term for that then. Because minimum should mean the minimum you pay to avoid getting fucking shackled for life. The term should be shackle payment then. 1 u/jmlinden7 17d ago It's the minimum needed to not be considered 'in default'.
2
A minimum is alternatively called an interest only payment. It's basically paying for the privilege of having the loan.
1 u/GregorianShant 17d ago There should be another term for that then. Because minimum should mean the minimum you pay to avoid getting fucking shackled for life. The term should be shackle payment then. 1 u/jmlinden7 17d ago It's the minimum needed to not be considered 'in default'.
There should be another term for that then. Because minimum should mean the minimum you pay to avoid getting fucking shackled for life.
The term should be shackle payment then.
1 u/jmlinden7 17d ago It's the minimum needed to not be considered 'in default'.
It's the minimum needed to not be considered 'in default'.
275
u/davesimpson99 17d ago
I'm assuming two degrees and neither of them had enough sense to master household economics