Recently, I came across the crazy world of pet financing.
From what I found, there are many, many pet stores out there that sell puppies and kittens that let you take out pet financing on them in order to “afford them.”
Monthly payments are usually a few hundred dollars, and because so many people can't say no to a cute little puppy or kitten, they bring their new furry friend home.
However, this is a disaster because, sadly enough, too many people do not read the fine print in the pet financing terms. Also, when you consider that people are actually taking out a loan means they most likely can't afford the pet.
I had no idea that people financed animals in order to be able to purchase them, but after thinking about it – of course they do! People finance everything in this loan-happy world that we live in. [Read more…]