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Should you use 'Buy now pay later' services? Atome vs Grab PayLater vs Hoolah vs OctiFi vs Rely vs Split


Cons of buy now pay later services
1. Gives a false sense of affordability
Call me a financial prude but I have a rule when it comes to my spending.
Aside from big-ticket items like buying your home, or buying a car; I would not spend money on things that I cannot pay off.
I understand that this comes from a position of privilege. But, I also strongly believe in living within my means.
And from the survey, you can see that people tend to make financial mistakes specific to BNPL services.
I would think that this easy access to credit will give you a false sense of affordability and encourage you to spend more recklessly on your wants. ....

Marks Spencer , Straits Wine Company , Buy Now Pay Later , Grab Paylater , Early Repayment , Many Singapore , Electro Bike , Straits Wine , மதிப்பெண்கள் ஸ்பென்சர் , நீரிணை மது நிறுவனம் , வாங்க இப்போது செலுத்த பின்னர் , பிடுங்க செலுத்துபவர் , ஏதேனும் சிங்கப்பூர் , எலக்ட்ரோ உந்துஉருளி , நீரிணை மது ,