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The Social Lounge
General Talk
Are 0% interest EMI's really legit?
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<blockquote data-quote="iPwnz" data-source="post: 2149489" data-attributes="member: 42451"><p>Exactly this. If you can get something in 0% interest rate EMI why would you pay in full upfront? I always suspected there to be *some* hidden charges, in some form but always there.</p><p>I still don't get how this GST works though.[DOUBLEPOST=1523084293][/DOUBLEPOST]</p><p>This is the reason why I can't believe 0% interest rate EMI even if some e-commerce sites still claim so. RBI banned it sometime ago. But I always suspected some hidden costs to be there because capitalism! 0% interest sounded too good to be true and still does to me. Am I right or am I just paranoid?</p></blockquote><p></p>
[QUOTE="iPwnz, post: 2149489, member: 42451"] Exactly this. If you can get something in 0% interest rate EMI why would you pay in full upfront? I always suspected there to be *some* hidden charges, in some form but always there. I still don't get how this GST works though.[DOUBLEPOST=1523084293][/DOUBLEPOST] This is the reason why I can't believe 0% interest rate EMI even if some e-commerce sites still claim so. RBI banned it sometime ago. But I always suspected some hidden costs to be there because capitalism! 0% interest sounded too good to be true and still does to me. Am I right or am I just paranoid? [/QUOTE]
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Are 0% interest EMI's really legit?
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