Buy now, pay later grocery schemes are a ‘debt trap’ for struggling families

Shoppers are urged to spread their payments for staple foods and treats to help cope with “these difficult times”. One promotion states: “Regardless of your credit rating, we will offer you a tonne of credit to do your shopping with.”

  • This is horrific! :astonished:
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They still have to cough up the money when it’s due don’t they.?

Can you see any other way for struggling families, Pixie?

I know what it was like first hand , bringing up 3 sons as a single parent.

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Yes Pauline…and the repayment likely has interest added to it. But don’t you think its a horrendous situation when you have to get credit for food? Its a basic human right, to be fed…doesn’t have to be luxury, but goodness…taking out a loan to buy bread, milk and a tin of beans simply should NOT be happening in this country.

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Yes I agree Pixie,[quote=“PixieKnuckles, post:3, topic:88594, full:true”]
Yes Pauline…and the repayment likely has interest added to it. But don’t you think its a horrendous situation when you have to get credit for food? Its a basic human right, to be fed…doesn’t have to be luxury, but goodness…taking out a loan to buy bread, milk and a tin of beans simply should NOT be happening in this country.
[/quote]

I agree, it’s like the sharks have come out where they see this as a money making opportunity and taking full advantage of these struggling families…

It’s a disgrace agreed.

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Even the foodbanks are running out of food because demand is so high. Why people are so cruel as to take advantage, is beyond me. :frowning_face:

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I have a friend who manages a food bank and it’s distribution of food,I must catch up with her ,to see what the situation is like here, it’s really dire isn’t it?

I noticed Tesco food holders were full up with tins and dried stuff.

Who are the worst affected?

Time to start a big donation campaign to restock the food pantries. Most of us don’t know when the stores are low, but are willing to donate a little more.

Pauline, I agree with you about the sharks seeing this as a way to squeeze the last pennies from people fighting to protect their pride. It’s appalling to prey on people’s desperation and ignorance (most don’t understand the terms).

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It is dreadful.

I was broke when I got divorced from my first husband and had to bring up the children on my own with no maintenance

So I can see how tempting this would be

No money for both food and electricity until the end of the month? Then get food on credit and put the money you have got in the meter

But it doesn’t work does it? Because next month you’ll run out of money that much earlier, because you’re paying back instalments for food you bought on credit

And there would always be something you needed to cover to tempt you into it. Birthdays, Christmas, the month the fridge breaks down, September when you need to buy school uniform

People on zero hours contracts who don’t know how many hours they’ll get from week to week would be tempted to get credit when they have a bad week in the hope of o good one next week. And suppose the good one never comes?

And the temptation will be to do it again and again so you’re always in debt and never get out of it

The real problem isn’t that people are lazy, or greedy, don’t know how to budget or cook or all the things people on low incomes get accused of

It’s that they simply don’t have enough income coming in to exist

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naaa my weekly crusty bread aint going on HP, but might have to give up my oxo for dipping it in

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I’ll send you some haggis flavoured OXO, Mr Macy…its yummy! :wink: