Cat’s Online Shopping Addiction Leads to Bankruptcy

Cat’s Online Shopping Addiction Leads to Bankruptcy

A cat named Sparky from Rahway, NJ has racked up a debt of $36,000 after a four-day binge on ecommerce sites like Amazon and Zappos.

“Piles of boxes just started showing up at our apartment, maybe 10 to 15 per day,” says Ken Philips, Sparky’s roommate. “I asked him if he could afford all this stuff, but he wasn’t worried at the time.”

When the compound interest on his credit cards started kicking in, that’s when Sparky knew he was in trouble. The cat filed for bankruptcy within four months, and the online retailers are in the process of reclaiming their goods.

“You’ve got to live within your means,” says Philips. “I think this was a big lesson for Sparky.”

Submitted by Paulina Brusca.