With the development of economy, more and more people buy now and pay later. I think it has the advantages and also the disadvantages. But I like it better than to buy now and pay now.
I will talk about the advantages first. I can get the products what I want while I do not have enough money. I can gain more products by the limited money. What do you think is happier, getting a new house at your old age without the installment or getting the new house at your youth with the installment. I think I like the later one.
Second, buy now and pay latter can promote the market. The ability and desire of customer purchase may increase. If I can get some products buy now and pay latter, I am willing to buy more products probably. However, if I only can buy now and pay now, I will consider whether to buy this one or that one, and what is the most important one for me at that time. It will reduce the desire of the market.
On the contrary, buy now and pay latter also have the disadvantage. The most important problem is overdrawing. By buying now and paying latter we don't see the cash paid out. Sometime, we may brush the credit card. People may buy products exceeding the limit of their capacity. It maybe aggravates the burden in their following time.
So I think we should have the correct direction to treat “buy now and pay latter” and use it rationally. Then it can make our lives more beautiful.