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Bill Me Later

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  • Bill Me Later is company that offers a "shop now, pay later" model. When a consumer chooses this option at the checkout of a website, Bill Me Later does a quick credit check and decides whether or to extend the consumer credit for that purchase. If they accept you, they pay the company for you and then send you a bill in the mail. You then have 25 days to pay the bill before you start to pay interest on the amount.Official Site: Bill Me Later FAQ

    eBay bought Bill Me Later in October 2008 for almost one billion dollars.CrunchBase: Company Profile

  • Fast Facts

    1. Acquired by: eBay
    2. Price: $945 millionCrunchBase: Company Profile
    3. Date: October 2008CrunchBase: Company Profile
    4. CEO: Gary Marino
    5. CFO: Steve Burleson
    6. CIO: Adam Joffe
    7. Location: Omaha, USACrunchBase: Company Profile
    8. Website: billmelater.com
    9. Slogan: Buy Fast. Feel Secure. Pay Later.YouTube: Bill Me Later
    10. Competitors: PayPalCrunchBase: Company Profile
  • Buy Now, Pay Later

    Bill Me Later sells itself as a safer alternative to putting your credit card information on the web.YouTube: Bill Me Later They offer 25 interest free days during with you can pay your bill, then an interest rate kicks in on unpaid amounts. They do not offer lines of credit, but evaluate you each time you wish to make a purchase by running a credit check on you using your birth date and last four digits of your social security number.Official Site: https://www.billmelater.com/help/index.xhtml Bill Me Later FAQ] They also offer deals in association with certain online retailers.Bill Me Later: Featured Offers

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