Pay in installments without interest with apps and credit cards (but beware of penalties on delays)

Inflation, rate hikes and tools to pay off purchases in installments

Between inflation that shows no sign of decreasing (in September it registered an increase of 8.9% on an annual basis in Italy) and household bills which have become heavier, making ends meet has become increasingly complicated. In addition, the European Central Bank, which, in an attempt to stem the price rush, has begun to raise interest rates, removing liquidity from households in practical terms, has also put further fuel on the fire. And as often happens in these moments of crisis, there is a tendency to take refuge in consumer credit, as confirmed by Flavio Salvischiani, co-director general of Agos: Historical trends tell us that installment payments in general help families to support consumption, especially in periods of greater difficulties. But if on the one hand the personal loan can represent a lifeline, on the other hand it has a cost (among other things that has increased in recent months), which over time can further weigh on the household budget. The solution can be found in the new tools (and some old ones) offered by the market, provided they are used in moderation; tools that allow you to pay in installments at zero interest rates, from the latest generation, such as buy now pay later (buy now and pay later)which do not fall under the hat of consumer credit, to those more classic and typical of the world of financing, in addition to zero-interest loans that can be found in large-scale distribution for certain product categories.

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