A young man with flowing blonde hair walks up to the storefront window.

"You're looking to rent a rowboat? Well we have two different payment plans. You can either pay us $100 within the month, like a sucker. Or you can pay only $10 per month, for the next ten months, at a 10% interest rate. So what'll it be?"

That first option. $100. Either right now, or via check or Venmo or whatever.

Oof. It might be tough to pay that all up front or within one month. Paying the minimum amount each month seems like a better way to go.