tag:blogger.com,1999:blog-5465015914589377788.post3968900744844997109..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Loan PushersMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5465015914589377788.post-60978091562431325412014-08-13T14:44:28.086-04:002014-08-13T14:44:28.086-04:00@Greg: Funny. Maybe go for $50 on $300 and call i...@Greg: Funny. Maybe go for $50 on $300 and call it half off?Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-72329125869032313562014-08-13T14:01:41.841-04:002014-08-13T14:01:41.841-04:00Usually it's $20 for $200 and I keep on seeing...Usually it's $20 for $200 and I keep on seeing a cash money ad that has a special deal of $20 for $300 which is "half off". I guess if you can see how that is half off you can also see that payday loans are a good deal. Gregnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-3977339038560232982014-08-13T12:01:18.693-04:002014-08-13T12:01:18.693-04:00@Big Cajun Man: Subtler variants of that message s...@Big Cajun Man: Subtler variants of that message seem to be very effective, unfortunately.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-58160751533128999172014-08-13T11:55:22.520-04:002014-08-13T11:55:22.520-04:00"C'mon everybody is doing it" is wh..."C'mon everybody is doing it" is what a reliable source has leaked to me as their next marketing slogan.Big Undercover Cajun Manhttp://www.canajunfinances.comnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-82585892492177806532014-08-13T11:22:02.173-04:002014-08-13T11:22:02.173-04:00@Stephen: You're right that this strategy is ...@Stephen: You're right that this strategy is very common. I guess it's the nature of the product that determines how we view new customer discounts.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-71705368625804686532014-08-13T09:13:15.526-04:002014-08-13T09:13:15.526-04:00Yes, that's exactly what it sounds like and is...Yes, that's exactly what it sounds like and is a very common marketing strategy even for "reputable" businesses. Hook the customer with a cheap offer and then keep raising the rates until you bleed them dry. Rogers and Bell come to mind :)Stephen @ How To Save Moneyhttp://www.howtosavemoney.canoreply@blogger.com