Just a few years ago when Florida residents wanted to go shopping, they ventured out to malls, boutiques, department stores and other shops. These days, an individual can shop for basically anything right from the comfort of his or her own home. Online shopping is very convenient and has become popular in recent years. It may be a little too easy and convenient, however. According to some experts, the convenience and ease of online shopping is causing many American consumers to rack up overwhelming credit card debt.
A great many websites and online retailers have made purchasing incredibly easy with the advent of “one-click” shopping. One-click shopping refers to services that retailers offer which allow consumers to store their credit card and shipping information online. So the next time the consumer goes to make a purchase, their information is in the retailer’s system, allowing the consumer to make a purchase with one click of his or her mouse.
Reportedly, online sales were up almost 20% last year, and many experts say one-click shopping is a primary reason why. This form of buying has made it easy to accrue debt. Studies have shown that consumers tend to spend less when they see cash leaving their wallet, and one-click shopping eliminates this. Studies have also shown that shopping is tied to emotion, and the ease of one-click shopping may make it easy for a person to give in to impulse shopping.
With the ease and convenience of online shopping, it doesn’t take much for a person to quickly become overwhelmed with consumer debt. In some cases, filing for bankruptcy may be necessary. Those in Florida who feel as if they are drowning in credit card debt should consider discussions with a legal representative. A seasoned lawyer can answer questions and provide guidance to individuals in this situation.