Ebay bill me later.

Anyone use this through paypal? 6 months no interest. Ive read a few bad reviews and good ones so im wondering if it would be better to just save up or go ahead and sign up for it.
It is reef related items so I figured ide ask here

 

i use it and I hate it. the 6 months no interest is completely true. the reason I hate it so much is because it makes online shopping too addictive and easy. No more going "crap I gotta go to the other room to get my wallet out my pants for the credit card" lol. so it's a love hate relationship. other than that it's a good resource.

 

Be sure to read the fine print.If it hasn't been paid in full in the 6 months they will wack you with a fairly high interest rate.

 

Oh yeah I read that. Plan on paying off it 3 months tops so thats not a issue.

 

I use it and have no problems with it, it's pretty convenient I think.

 

They check credit- so I am assuming it is a credit card guys...

 

Tom it is not a credit card as they do not issue a card to you. It is more like a line of credit at the bank but with cc rates.

 

It has the same terms and conditions as a credit card- just without the card. I would say it is a line of credit but essentially it is just paypal using their payment portal to charge interested. FYI- 19.99 percent is a high interest rate even for credit cards. If yours is that high either get a new one, call your company and ask for a reduction in rate or start paying bills on time!

 

Or do like I do and pay it off every month so you never pay a dime in interest

 

I can see the convenience, but if you plan to do this and pay it off in 3 months, I would just use a regular credit card and pay it off on time and actually build your credit numbers.