BillFloat, Inc. BillFloat - 100 % Interest is crazy San Francisco California

Phone I bought cost 270 dollars by the time I pay this off is more than Doubled what a rip off I was told and on the web site it said We pay for your purchase now. You pay us back later.

See how BillFloat works.  How it works An option you can afford See it
for yourself.

Interest 36% APR Interest charged on your purchase amount.
Service Fee $8.95 to $17.95 This is the cost of our bill payment service that varies based on your bill amount.

Late Fee $10.00 This fee applies to each 30 day installment period. You’ll be reminded in advance when repayment is due to help avoid late fees.

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Transaction Summary
Order Will Be Paid 05/17/2013
Order Amount $291.19
Interest (TX 36%) $10.58
Service Fee $17.95
Total $319.72

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Due Today $75.00
Due in 31 Days $122.36
Due in 60 Days $122.36
Your MetroPCS Cart order
Order Amount $291.19includes applicable tax
1st Installment
Due Today $75.00
2nd Installment $122.36
3rd Installment $122.36
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This is what i signed up for