Prevent Paylater Addiction, Do These 5 Tips So That Consumptive Debts Don't Accumulate

Illustration (Photo: Travis Essinger - / Unsplash)

YOGYAKARTA The availability of paylater features on e-commerce platforms often makes people addicted. The 'buy now pay later' service offered by paylaters can make consumptive debts accumulate if they are not used wisely. So, how to prevent paylater dating? Check out the full information below.

Summarized from various sources, Wednesday, December 13, 2023, there are several tips for preventing paylater addiction that you can apply, including:

1. Aware of shopping addiction with paylaters

Sometimes someone just realizes that they are addicted to using paylaters after they feel the impact financially. Such as piling up Paylater bills and default which lead to stress.

Even though it's too late, it doesn't mean you can't get out of the paylater snares. There are many ways you can do to overcome it, and the first step is to realize that you are already addicted to spending on paylaters.

2. Use the paylater feature wisely

Use paylater services wisely so as not to backfire in the future. Understand how to work and follow tips on using a paylater to get optimal benefits.

If you use this service wisely, you can avoid delays in payment and protect your finances from potential consumptive debt problems.

3. Limit the use of paylaters

It's very difficult to stop the sudden use of paylaters, especially when you're stuck.

To prevent this, the tips you can do is limit the frequency of using paylaters every month. With these tips, the total bill that must be paid when due can be controlled and adjusted to your financial capacity.

4. Deactivating the paylater feature

The next way to prevent paylater addiction is to disable this feature in online shopping applications. However, on a number of e-commerce platforms, disabling the paylater feature is not always an option available.

Therefore, preventive measures to avoid debt repayment are to delete accounts or switch to other shopping applications that do not have a paylater feature.

Even so, you need to note that before going any further with these tips, make sure that all your paylater installments have been paid.

5. Get used to offline shopping

If the online shopping application has been deleted, you will automatically have to start shopping offline again. When shopping offline, make payments in cash, not with credit cards.

After knowing how to prevent paylater addiction, another thing you need to know is tips on using paylaters wisely. This is very important to know so that you can get optimal benefits.

The tips for using paylaters wisely are:

1. Pay attention to the amount of installments

Paylater features that allow users to shop first and pay them at a later date in installments; should be used as needed.

When you want to use a paylater to buy goods at e-commerce, you are advised to pay attention to installments so they don't exceed their payability and don't interfere with the allocation of funds for other important needs.

2. Understand the terms and conditions of service

Tips for using paylaters wisely are the next to understand the terms and conditions of paylater services, including large limits, payment methods, and other information. Use paylater services with full understanding and wisdom.

3. Pay installments on time

When using a paylater, try to pay the installments on time, even before they are due. This is to prevent the risk of paying a late fine that can burden finances.

5. Pay attention to interest rates and paylater service fees

Paylater users need to pay attention to the rate of interest rates imposed and the service fees that may be charged.

Make sure the amount of interest and service costs imposed by this feature are reasonable and not excessive financial burden.

5. Know the load of the object delay in payment of installments

So that the use of paylaters does not burden you financially, you need to know the nominal fine for late payments.

In addition, you also need to compare with other services to find out the range of reasonable delay fines.

That's information about how to prevent paylater addiction. Hopefully this article can add insight to the loyal readers of VOI.ID.