LogFAQs > #985413268

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TopicTempted to dip on the Switch 2 >_>
Tmaster148
06/12/25 2:39:23 PM
#68:


Not sure if this has been touched on in the topic, but generally you want to finance something that has return value. Financing a house is a place to live and can build wealth. Financing a car helps you get and maintain higher paying jobs. Financing a game console doesn't build anything.

On top of that, Affirm/Klarna or other Buy Now Pay Later apps don't have a positive effect on your credit and can only hurt your credit. This is because they are not regulated like regular loans and do not need to report that you've made payments on time.

I would suggest you avoid buying things with Affirm/Klarna or other Buy Now Pay Later apps.

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