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Report: #985040

Complaint Review: Bill Me Later - Internet

  • Submitted:
  • Updated:
  • Reported By: Bitten — United States of America
  • Author Confirmed What's this?
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  • Bill Me Later Internet United States of America

Bill Me Later Paypal.com Beware - Bad Deal - Do not use 6 month later billing Paypal, Internet

*General Comment: loan sharking? Only: maybe.

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This company offer 6 months no payments for purchases of SOME item on EBAY.   They do not tell you that IF you do not make a monthly payment, They charge you late fee and interest of up to 50% of the balance.  In the 1980, This would have been called LOAN SHARKING.  Now companies like this are allowed.  Write your Congressman!

This report was posted on Ripoff Report on 12/20/2012 01:20 PM and is a permanent record located here: https://www.ripoffreport.com/reports/bill-me-later/internet/bill-me-later-paypalcom-beware-bad-deal-do-not-use-6-month-later-billing-paypal-inte-985040. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 General Comment

loan sharking? Only: maybe.

AUTHOR: the murf - (United States of America)

POSTED: Thursday, January 03, 2013

--It's not unlike some major credit card promotions or big- box stores offer. You have to pay every month the min amount,
then you don't get tagged with an interest fee. It's about not paying interest...not about not paying anything (!) for 6 months. "50 %" interest? So be it. --Because it must be in the ageement. Next time, do read the whole thing carefully
before applying....                                    --The murf.

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