Moo Moo Interest Rate - Is it a Real Thing, or Just a Buzzword?

[DavidRafael]

I'm attempting to understand why individuals are so drawn to those figures. It feels like they're trying to quantify something that's inherently emotional - the sentiment of security and stability associated with borrowing money. Are there psychological factors at play here, probably a desire for control or a need to feel 'in the know'?