I used Bill Me Later to pay for something purchased on the web with no interest for 6 months. Never received a bill at 6 month.
Got a bill 8 months later with late fees and interest charges for about $50.00. I called them and they took out the late fees but they will not take out the interest charges of $15.00. This is how they get you. And it took me about half an hour to talk to a live person.
They're a part of Paypal, the other 1%. Consumers are getting ripped off with their unfair tricky practices.
Monetary Loss: $50.