Americans take to 'buy now, pay later' shopping during pandemic, but can they afford it?

This strategy never ends well

I have no interest in ever taking up the option of using this BNPL scheme, as I don't believe in buying luxury goods that you can't afford at that moment in time (if ever)

The only money that I have ever borrowed and intend to ever borrow, is the mortgage loan that my wife and myself took out to purchase our family home.

If they could afford it then they would not be buying in credit

Hasn't America been buying now and paying later for the last 50 years or more?

By not charging interest, the non-US firms can avoid many of the American banking laws. It almost seems like these companies' business model includes expecting a decent percentage of missed payments and gaining the resulting windfalls from the imposed penalties.

The country is broke as hell. Most people live by money they don't have.

What ever happened to the concept of saving for things that you can’t afford immediately?

Buy now cry broke later!

Buy only what you need, not following trend or fashion.

Before buying ask yourself do i really need it.