Cable homeship orders, which require cable service providers to provide cable service to residential customers in exchange for a loan, are booming.
Cable companies have been getting around the law by offering loans for residential customers without having to make the actual sale.
The industry is seeing a boom, as they are seeking to cut costs by cutting out their competitors.
But there are also concerns about whether these loans are legal.
Here are some of the pros and cons of cable homeship loans.
Pros and cons Pros: The loans are not guaranteed by the cable company and may not work out.
Cable service providers may offer a loan or even a discount on the cable price.
Cable and internet providers have to pay fees to the cable companies for their cable service.
Consumers are not required to get a cable service in order to get the loan.
Cons: The borrowers are at the mercy of the cable and internet provider for their loan.
They may not get a loan if they don’t have the money to pay the cable service fees.
The loan can take up to four years to pay off.
Loan payments are often lower than monthly payments on the loans.
Lenders may not have to make payments.
Consumers may be unable to get their loan unless they qualify for a discount, or they qualify in the first place.