Comment on U.S. consumers are so fucked up, that they put more than $1 billion on buy-now, pay later services during Cyber Monday

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mayorchid@lemmy.world ⁨23⁩ ⁨hours⁩ ago

I got a car loan once even though I had the cash to buy outright. I didn’t want to drain my savings and end up high and dry if there was an emergency. It was worth it to me to pay a little interest so I still had a cash buffer.

If I were living paycheck to paycheck like many folks are, I imagine the logic would be similar for smaller purchases.

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