"Bill Me later" ebay question?

[CALVINXLIONSX81]

i was thinking about buying an expensive greg monroe card but cant pay it all now, anyone know how bill me later works?

[Homerun]

I think that you have to pay a certain amount monthly until you pay it off.

[CALVINXLIONSX81]

I think that you have to pay a certain amount monthly until you pay it off.

so is that a tentative yes :confused:

[ronlabo]

It's basically a c/c w/o the card monthly payment, high interest rates, and no paper statement not worth the hassle if you ask me:cool:

[bigzig]

It's just like paypal credit. You apply, and of qualified they give you a line of credit. You would have to check the site for initial offers or same as cash deals.

[Jin]

I think you have something like 60 days ( I could be totally off on the figure ) to pay off in full w/o interest, and then if you choose to pay over a longer period of time interest occurs, and if you are late for a scheduled payment should you choose to pay over time then you get hit with a fee.

I tried it out because of the free $10, but they didn't even accept me because of "credit reasons...."

[ebacardi2]

Check Bill me Later Site or on many auction it will say interest free for 6 months if it is offered, most of the time its interest free for 6 months, so you can pay as much or as little each month until its paid within 6 months. If they are not running a special interest free then it is like 21% per month(not worth it) So yeah its a CC without the actual plastic card.

[CALVINXLIONSX81]

one of you want to put it into simpler term's

Thanks ebacardi2, makes sense

[ebacardi2]

I think you have something like 60 days ( I could be totally off on the figure ) to pay off in full w/o interest, and then if you choose to pay over a longer period of time interest occurs, and if you are late for a scheduled payment should you choose to pay over time then you get hit with a fee.

I tried it out because of the free $10, but they didn't even accept me because of "credit reasons...."


it is usually 6 months no interest not 60 days

[boston77yankees]

Just pay it off before the 6 months and you will be ok i did that already used 500 for credit and only missed 1 payment out of the month so i only payed back 535.

[CALVINXLIONSX81]

also how do i know if i get approved or not, will they email me

[Haiku]

also how do i know if i get approved or not, will they email me

You'll know instantly if you are approved or not.

[CALVINXLIONSX81]

You'll know instantly if you are approved or not.

i just saw that, i had to sign up again but im approved, :)

[dherm360]

Its usually 6 months no interest, just pay within the 6 months and no interest.
they did add starting on Aug first a 2 percent transaction fee I believe on every transaction

[Orangejello727]

just buy it on your CC. Or better yet.. save up for it!! :)

[CALVINXLIONSX81]

just buy it on your CC. Or better yet.. save up for it!! :)

i have close to enough but im not motivated enough to sell more atm, Spent to much on the CC this month

[nateadams2]

message the seller, see if they will work with you. Me being a full time college student, and most of my pc being high end melo cards, i've had to work deals with a few sellers to pay them in two or three installments. If you approach them nicely, and set a definate date for you to pay by and come up with a set payment schedule, they normally will work with you.

[Haiku]

i have close to enough but im not motivated enough to sell more atm, Spent to much on the CC this month

Don't buy it, It's never good to purchase anything if you are not that flexible on the budget.