Tuesday, March 28, 2023

Be careful when paying in installments for clothes or furniture

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In online shopping, more and more purchases can be made in installments. But not only for large purchases, but also for clothes.


Milena KalinEditor Economics

Shopping addiction gets little attention. Because consumption is desired by society. No wonder there is more and more advertising for installment payments and small loans. However, there is a great risk of spending money that you actually don’t have.

“If installment payments are already needed for everyday purchases such as clothes and furniture, it becomes difficult,” says Sara Stalder (56), director of the Consumer Protection Foundation. In order to keep track of expenses, it is better to avoid paying in installments. “Even a lot of small livestock makes crap.”

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