Tippie

Was eBay's BillMeLater Acquisition A Huge Blunder?

Credit card companies only have themselves to blame for their demise!
On the other hand I would never pay a bank 19 percent for anything! I would rather do without!
Bill Me Later is for people buying on the come so to speak. Buying on next months pay-check. Very risky. Default will likely exceed 50 percent. eBay is not the smartest kid on the block as we all know,lol. I think an idiot runs that company. However, if 50 percent do pay a 19 percent fee, that fee might help cover some of the 50 percent who will not pay.
Time will tell. America is changing. Principles no longer apply. It's grab what you can and run!