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Would you evertake out a loanfor a burrito?
Or you suddenly need to feed a house full of people right away.
Both DoorDash and Klarna, a BNPL company, are banking on your answer being yes quite literally.
We cannot start going into debt over a burrito, Tusaid.
But is it really that bad to buy now if you know youll pay it back soon?
Yes, it is for several reasons.
Ascredit cardsbecame the norm, layaway fell out of favor.
Youre not waiting for months to get your burrito.
And once its in your belly, its easy to forget you still owe money for it.
And you could end up in debt a less-than-delicious outcome.
Youre also not benefiting from any of the protections youd get from using a credit card.
Economic commentator Kyla Scanlon agrees,sayingcompanies like Klarna expect you to lack that urgency.
It Encourages Impulse Spending
What could be better than a free burrito?
Dont you just want one, or maybe two, every week?
As ordering delivery becomes easier, the risk ofimpulse spendinggoes up exponentially.
Scanlon sees this as one of the biggest dangers of using Klarna for DoorDash.
I love delivery as much as the next person probably more, said Tu.
But if you cant afford it in one go, you cant afford it.
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