Monday, October 22, 2012

Bill Me Later Now Added to our CoinMerc Store

Have you ever been shopping online, seen an item you really like, but the price is just too much for you at the  time. Well, you aren't alone. In fact, many people have eyes bigger than their immediate bank account balance.

That's where the great service Bill Me Later steps in. Bill Me Later is a wonderful credit opportunity offered by the great folks at PayPal.

"How does it work?" you ask. Well simple really, upon check out, you choose the pay with PayPal box. From there, you log into your PayPal account and press the option to change payment method, then select the Bill Me Later option. You will be asked for your Date of Birth and last four of your Social Security. This info will be used to run a very quick check to see if you are eligible for credit based on your past credit.

Essentially you are opening a line of credit with PayPal. This selection comes with 0% interest for the first 6 months after your purchase and 19.99% APR after that. So lets summarize. If you choose Bill Me Later as your selected payment method, PayPal will approve or decline based on your previous credit, if approved, you have the first 6 Months after completing your purchase to pay the balance interest free. Sounds almost too good to be true. But here is the kicker. It isn't. It is 100% true and easy to complete your purchases with Bill Me Later and PayPal in our CoinMerc store.

I must remind you to fully read the terms and conditions and knowingly make your decision based on the agreement you are making with Bill Me Later/PayPal. 

No comments: