8 votes

Cat clause: Pet ‘loan’ disputes spread in China

3 comments

  1. [2]
    MimicSquid
    Link
    The cost of a pet, even a purebred one, is nothing compared to the cost of care for a pet. I can understand why people wouldn't necessarily do the math ahead of time, but this is a ludicrous...

    The cost of a pet, even a purebred one, is nothing compared to the cost of care for a pet. I can understand why people wouldn't necessarily do the math ahead of time, but this is a ludicrous business model. I can understand why they'd be angry.

    4 votes
    1. Hollow
      Link Parent
      See I think this could be a positive business model. It takes away the incentive to abandon / dispose of pets by ensuring that the owner is on the hook for their care regardless, and makes them...

      See I think this could be a positive business model. It takes away the incentive to abandon / dispose of pets by ensuring that the owner is on the hook for their care regardless, and makes them consider ongoing costs upfront before they buy.
      Unfortunately, it's clearly being abused to maximally monetise animals that the pet shop hasn't taken care of, by putting all responsibility on the owner.

      2 votes
  2. Hollow
    Link

    Nationwide complaints about cat “adoption” businesses are exposing the darker side of China’s booming pet industry.
    Stores across the country, often in shopping malls and labeled as pet ‘adoption’ companies, offer animals for free, so long as customers agree to future pet food and accessory purchases. They have become the subject of court cases and government warnings, and generated intense online debate.
    A hashtag complaining about one such company has garnered over 18 million views on social media platform Weibo. On rival platform Xiaohongshu, or RedNote, a hashtag used by posters seeking help to cancel their contracts after their adopted pets fell ill or died has tens of thousands of views. Users jokingly refer to the contracts as “cat loans.”

    2 votes