What are borrower spenders?

Borrower spenders are individuals or entities that rely on borrowing to finance their expenditures, often exceeding their current income or savings. They typically use credit cards, loans, or other forms of debt to make purchases or investments, sometimes leading to a cycle of debt if not managed carefully. This behavior can indicate a reliance on future income to cover present costs, which can pose financial risks if they do not maintain a sustainable repayment strategy.