Warning: Avoid "Bill Me Later" Free Trials!

Click For Summary
SUMMARY

The discussion centers on the risks associated with signing up for "Bill Me Later" free trials, particularly highlighting a user’s experience with a 19% interest rate credit option offered by PayPal. The user expresses concern over providing checking account information to a service that is a division of PayPal, despite being assured of its legitimacy. The conversation emphasizes the potential pitfalls of using instant credit for small purchases, suggesting that users should be cautious about the terms and conditions associated with such offers.

PREREQUISITES
  • Understanding of online payment systems, specifically PayPal and its services.
  • Familiarity with credit card interest rates and terms.
  • Knowledge of free trial subscription models.
  • Awareness of personal finance management and security practices.
NEXT STEPS
  • Research the terms and conditions of PayPal's "Bill Me Later" service.
  • Learn about consumer rights regarding online subscriptions and free trials.
  • Investigate alternatives to "Bill Me Later" for financing small purchases.
  • Explore strategies for managing credit card debt and interest rates effectively.
USEFUL FOR

Consumers considering online subscriptions, financial advisors, and anyone interested in understanding the implications of using instant credit services like "Bill Me Later."

Intrepid_Chef
Intrepid_Chef
Silver Member
Messages
5,144
So I forgot to re-up with TT and went to the website. I clicked on the "free trial" (thinking, 2 weeks, what the hey) but wasn't entirely surprised to see the Paypal Screen. I went to pay and accidentally clicked on "Bill me Later."

Just wanted to warn you that when you sign up for this it's a credit card with a 19 percent interest rate!

I canceled my account and of course, paid, but now some nameless, faceless entity has my checking account information. I don't feel entirely good about this ....
 
If it makes you feel any better, Bill Me later is just a division of PayPal (and therefore eBay) that offers online instant credit. They are a completely legitimate company (My hubby is a bill collector for them), so you don't have to feel concerned that your information is not secure.
 
  • Thread starter
  • #3
Thanks, yes that does help. But frankly, I cannot see getting a 20 percent credit card on $6.25. Plus I'm kind of surprised they even gave it to me with credit like mine, not even requesting detailed info. Maybe if the balance wasn't so small ....
 
You must log in or register to reply here.

Similar Pampered Chef Threads

Say Goodbye to Check Float: Impact on Checking Rules & Consumers
  • dannyzmom
    • Business, Marketing and Customer Service
Replies
23
Views
4K
raebates
Back
Top