Bait and Switch

Finance allah shmoop what is a bait and switch Don't

watch this video all the way to the end and

we'll give you one year of shmoop premium for only

eight ninety nine a month Are you still with us

Excellent So about that offer Yeah it's actually going to

cost you twenty for sixty eight a month but hey

as long as we've got your attention now would you

like to get a full year of shmoop premium for

only five hundred dollars And yeah you've just been had

that's the old bait and switch get in the door

with the promise of something amazing then once you're safely

inside pulled the rug out from under your feet and

try to up sell the crap outta and yeah you'll

see this trick being used by the guy with the

oil slick hairdo and fish tie at the used car

dealership as well as by the gal with the sweet

smile of the mortgage refinancing company She'll hook you by

telling you that she can offer you the lowest rate

on the market the money's almost free The thing is

though you've actually got a qualify for that teaser rate

And she knows that Yeah you won't But once she's

got your ear well then she'll be able teo pull

the switch After she's baited you she'll still get you

to go with her company for your mortgage only a

higher rate which translates to higher commissions for her and

bigger spread for the bank So yeah you never want

to be the fish going for the innocent looking worm

and then wind up wriggling at the end of the

hook Which is why you know many fish these days 00:01:25.238 --> [endTime] Air choosing to go vegan Oh