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Would you like Target Sports USA to have an interest-free installment payment option when purchasing ammo?
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POLL: Payment Installment Option, Yes or no?
- Thread starter TargetSportsUSA
- Start date
Why the heck would a business want to do that? Serious question. You assume 100% of the risk resulting from nonPayment and none of the reward of borrowers paying interest. The business also loses money due to the declining value of money. You loan it out, over time, while the currency inflates. So you make a loan in today's dollars to be repaid in tomorrow's less valuable dollars, which would consequently result in an operational loss.
All these expenses would be passed onto paying customers in the form of higher prices. I do not want to pay higher prices to finance deadbeats. If people need to finance their ammo purchases over time, then they should probably evaluate their life's priorities. As in buying ammo shouldn't be one of them. Buying food should be. Regardless, I don't want to pay for it.
All these expenses would be passed onto paying customers in the form of higher prices. I do not want to pay higher prices to finance deadbeats. If people need to finance their ammo purchases over time, then they should probably evaluate their life's priorities. As in buying ammo shouldn't be one of them. Buying food should be. Regardless, I don't want to pay for it.
For ammo?
![[rofl2]](/xen/styles/default/xenforo/smilies.vb/035.gif "ROFL2 [rofl2]")
I'm sure there are people stupid enough to use that sort thing, but I'm not one of them.
I thought paypal assumed all the risk, the vendor gets the payment immediately minus PP service fees. Then the "loan" responsibility is on the borrower and PP.
Mountain
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MAGA
Make Ammo Gentle (on the wallet) Again
I appreciate the thoughts on interest free installment but would rather the pressure be applied to ammo and reloading items that have increased costs way above our already high inflation.
Make Ammo Gentle (on the wallet) Again
I appreciate the thoughts on interest free installment but would rather the pressure be applied to ammo and reloading items that have increased costs way above our already high inflation.
Maybe I misunderstood the intent. I read it as TargetSports would be offering the financing option. I didn't see PayPal mentioned anywhere. In such a case PayPal would take a slice of the purchase price - maybe 3%. Is that on top of the CC processing fees? PayPal has got to make their money on this transaction too. So that's still going to be passed on to the customers in the form of higher prices. I don't like that.
No you're right, I assumed it was going to be a paypal like option. They could still roll up the fees to the person doing the installment.
As long as the borrower pays for the costs of borrowing - I say have at it. But that's not "interest free"...
PaulR
NES Member
Admin, help the poor guy out and add a poll to his post.
Marty McFly
NES Member
No! I don't want the poors to have a chance at snatching up my ammo
Tallahassee
NES Member
I am assuming this is to generate more sales? You could always try dropping your prices first.
50wt
NES Member
I see nothing wrong with making payments on a pallet of ammo .
appraiser
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I doubt TSUSA is financing this in house, they normally partner with a high interest lender and if you don't pay it off in time the interest is "free" then the interest is added back to day 1 at some rate that would be considered usury in some jurisdictions.
TSUSA gets 95 cents on the dollar at the time of sale, the finance company carries the debt hoping you don't make that final payment on time and they make big bucks on the finance charges on money they are getting from the Fed from next to nothing
Furniture stores do this all the time
TSUSA gets 95 cents on the dollar at the time of sale, the finance company carries the debt hoping you don't make that final payment on time and they make big bucks on the finance charges on money they are getting from the Fed from next to nothing
Furniture stores do this all the time
Margins are margins, If its getting more ammo in to the hands of more Americans, its a good thing.
Rocky Mosasaurus
NES Member
Yes, please.
rep308
NES Member
Debt is slavery, cash is king
...and there is the rub. If TSUSA has to take a 5% hit to offer this service, this will be incorporated into the prices the rest of us not using said service would have to pay. In other words - price increases.
That's a lot of assumptions.
Wickedcoolname
NES Member
No. If you can't afford it, you can't afford it.
50wt
NES Member
TSUSA asked a simple question that requires one of two replies, either yes or no.
I dont think TSUSA , nor anyone else on here , is asking for financial advice.
I dont think TSUSA , nor anyone else on here , is asking for financial advice.
ReggieB9mm
NES Member
No thank you.
bob6180
NES Member
Or- make a finance option only available to members who already pay an annual fee. Make it a pay to play option and they can blend in the risk to the memberships instead of the ammo pricing?
ChevyGuy91
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Why not just use the PayPal pay in 4, or one of the many services like it? All the hard work is done for you.
@TargetSportsUSA
You sell single boxes of ammo and ship them to me for free as a Prime member. It only tales a few orders to recoup the cost. As one of the poors I can’t typically afford a full case, so I’ll get a few boxes of this and that and you kind folks saran wrap them all up and never say “why is this weirdo buying all this random crap?”. The membership system allows a budget minded approach to building volume over time.
I’d prefer people have to think about buying the Mk262 for a second same as I do, rather than scoop it with a payment option staring at them telling them they can actually afford 500 rounds.
You sell single boxes of ammo and ship them to me for free as a Prime member. It only tales a few orders to recoup the cost. As one of the poors I can’t typically afford a full case, so I’ll get a few boxes of this and that and you kind folks saran wrap them all up and never say “why is this weirdo buying all this random crap?”. The membership system allows a budget minded approach to building volume over time.
I’d prefer people have to think about buying the Mk262 for a second same as I do, rather than scoop it with a payment option staring at them telling them they can actually afford 500 rounds.
MaroonedinMA
NES Member
No, thank you.
