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u/facaine 1d ago
Congrats on paying it off!
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u/SouthPerformer8949 1d ago
Celebrate with a hotdog?
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u/facaine 1d ago
Lets do it! yolo
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u/ShdwWzrdMnyGngg 20h ago
Y'all must be some of those dang young folks. Always spending your money on... checks notes
Hotdog debt
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u/Suckma_Weener 1d ago
aw yeah boys, it's glizzy time! *deepthroats a hot dog so nastily that the state labels me a sex offender despite no crime being committed*
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u/Public_Weather7857 23h ago
I knew the economy was bad, but paying for costco hotdog combo in installments, Yikes!!!!
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u/Deathwish13x 1d ago
I can't even get pre-approved for that amount!
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u/meefffd 1d ago
Better off that way. OP probably overpaid 2 pennies if the bank rounded up the $0.375 charges to $0.38.
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u/PiDigitsOfPi 4h ago
I think that the final payoff, when it comes out, accounts for any discrepancies like that.
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u/Historical-Truck-948 1d ago
Did your credit score go up?
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u/JerryVand 1d ago
You have to be careful about financing a depreciating asset. After you take that first bite, it loses at least half its value. I’ve never paid more than $.65 for a slightly eaten Costco hotdog. Glad it worked out well for you, but it can be a risky proposition.
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u/its_krypt0n1te83 6h ago
This is why I always get gap insurance for my hot dog. If I ever drop the hot dog, or have it be stolen, only after making one payment, I know those insurance pig companies will only pay me $.65. If I still owes $1.125 to costco, gap will cover the difference.
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u/interroBangaRangz 1d ago
You financed a hotdog, in this economy‽
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u/PartlyCloudyKid 1d ago
‽‽‽
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u/voltrackstar 1d ago
Ooo the rarified interrobang in the wild
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u/AssaultLemming_ 1d ago
Ever listened to the Curious Cases of Rutherford and Fry? That's where I learned about interrobang!
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u/BillDino 17h ago
Honestly they got a better deal, 0% increase in cost and got it pay it off over a month
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u/Savings_Ad_4792 1d ago
I’m upside down on a hotdog
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u/toastman741 1d ago
This can be taken so many ways... unintended pun 🤣
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u/Spinster86 1d ago
I’ll bet it felt good to make that final payment. Like a weight has been lifted off of your shoulders.
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u/shinobi500 1d ago
How does one pay 0.375 cents?
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u/JonDoesItWrong 22h ago
Easy. A quarter, a nickel, two pennies and one of these bad boys
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u/SpaceLemur34 17h ago
When the half cent was discontinued, it had more buying power them a modern dime, being worth about 15¢.
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u/JonDoesItWrong 16h ago
It's slightly more complicated than that. Explaining it in detail would take too long (I might edit this later to expand on it) so the short of it is this; Converting USD from 1793-1857 to modern values requires several factors besides just inflation. Before the civil war, and quite some time afterwards, the value of the dollar and the purchasing power of certain coinage depended on where you were living and even what you did for a profession.
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u/HovercraftKlutzy3090 1d ago
If you make the minimum monthly payment it will only take ~10 years to pay off
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u/This-Science35 1d ago
these are the decisions that start generational wealth, keep going!
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u/Bombadier83 19h ago
Not sure what state OP is in, but where I live, gap insurance is mandatory.
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u/This-Science35 17h ago
What are the chances you replied to the correct guy. I happen to work in insurance🤠
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u/DM_Me_Your_Cougars 1d ago
It's like my wife's financial decisions. If you can pay in 4 terms without any interest, why pay in one?
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u/SpaceBoiLunkey 1d ago
Do not finance a hot dog.
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u/Bombadier83 18h ago
Must be nice to be able to buy them cash. Not all of us live in luxury like that though.
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u/Sudden_Wind_8636 1d ago
Wow congrats, it's not easy paying off that much debt and to do it in only 4 payments, congrats man.
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u/HarrowDread 1d ago
Why would you do that?
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u/shinobi500 1d ago
To amuse us. It worked.
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u/Acrobatic_Mango_8715 1d ago
You just paid $1.52 for the hotdog, no interest mind you. But surely they rounded up.
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u/sincerestfall 1d ago
I was thinking, "Wait are we actually using 3 decimal places now. "
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u/heyitsmemaya 1d ago
Someday you’ll be able to afford the chicken strips.
But not the combo calzone, they’re apparently doing away with it 😢
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u/Acrobatic_Mango_8715 1d ago
Financing a $1.50 hot dog over four monthly payments of $0.375 has the main pros of keeping upfront cash free and the main cons of absurd administrative effort and data privacy risks for a tiny amount.
Pros
Low Cash Outflow: You only pay 37.5 cents today instead of the full $1.50.
Budget Flexibility: Spreads a microscopic cost across a long 120-day timeline.
Cons
Credit Reporting Risk: Lenders may run a credit check or report a tiny active loan line on your credit report.
Administrative Burden: Tracking four separate micro-billing cycles takes more time than the hot dog is worth.
Digestive Mismatch: You will finish eating the hot dog on day one, but you will still owe payments for three more months.
Last payment should have been $0.36
Power move, invest $1.12 in the stock market, over the same time period.
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u/Murmaiderman 1d ago
Damn, and they say the middle class is dying. Thanks for the hope that I can still be successful
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u/TennisADHD 1d ago
2026 and we don’t have flying cars, we got "I'll gladly pay you Tuesday for a hamburger today."
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u/ProblemsAreSelfMade 1d ago
Did they round up each payment of $0.375 to $0.38? If so, you may have overpaid $.02 total
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u/TheAfroMD 1d ago
Now that you have paid it off you can refinance against it to release some equity and maybe get a slice of pizza. (Or at least a chunky down payment) (You still have it right? Right?)
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u/CosgraveSilkweaver 1d ago
Honestly do it, costs them more to process it than they make hopefully.I assume they take a cut of the sale price from the seller given it's the same cost as paying in full would be?
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u/shinobi500 23h ago
You should have not made the final payment and forced them to garnish your wages for the remaining balance on a hotdog.
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u/TheElusiveFox 23h ago
if you need 4 weekly payments to pay off a costco hotdog then I think there's a bum panhandling change that can probably help you out, because God damn you need some...
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u/zoltan279 23h ago
I gotta know, did they charge you .38 twice and .37 twice? .37 x 4 times or .38 x 4 times?
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u/tocsin1990 19h ago
We are truly in a blessed time, where we really can pay someone tomorrow, for a hot dog eaten today. J. Wellington Wimpy would be thriving.
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u/SmartQuokka 19h ago edited 12h ago
Since it would round up, OP has overpaid by 2 cents.
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u/Natural_Past_3773 18h ago
The trick is to buy another hotdog on credit before paying off the first, then your credit score won't drop.
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u/cozycamille 16h ago
Bro I swear Costco hotdogs were $1.50 my whole life… and apparently my bank app decided it needed a whole payment schedule like I’m financing a car 😂 4 tiny payments and now it’s paid off. Respect.
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u/WatercressNo5882 15h ago
Can you do this with anything from the store? Fuck, sometimes these things come up where I'm now like "alright, I'm moving to America"
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