In an effort to promote business, Meijer (regional grocery chain) offers a credit card. Besides getting $.05 a gallon off of gas, they encourage users to buy their merchandise and charge it. But, if you don’t pay off the balance at the end of the month, there is a 29.9% interest rate. (Isn’t this called loan sharking? Oh wait, it is below 30% so it doesn’t apply. ) And, if you are late on a payment by only 24 hours, they tack on an additional $40.oo late fee. Nice.
I only us my card for gas and I always pay off my balance at the end of the month. I certainly can’t afford to keep a running balance and I certainly can’t afford to be late.
I wonder what poor people do?
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If you’re still on the fence: grab your favorite earphones, head down to a Best Buy and ask to plug them into a Zune then an iPod and see which one sounds better to you, and which interface makes you smile more. Then you’ll know which is right for you.
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Hands down, Apple’s app store wins by a mile. It’s a huge selection of all sorts of apps vs a rather sad selection of a handful for Zune. Microsoft has plans, especially in the realm of games, but I’m not sure I’d want to bet on the future if this aspect is important to you. The iPod is a much better choice in that case.
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