
CATrends: Buy Now, Pay Later Services Send Users Further Into Debt
The result is that BNPL services that are advertised as free aren’t, class-action lawsuits allege.
Lopez et al. v. Credit Union of New Jersey
23-cv-2659, D.N.J.
(May 2023)
Checking accounts
Misrepresenting when consumers will be charged overdraft fees
Pending
The result is that BNPL services that are advertised as free aren’t, class-action lawsuits allege.
Tricking consumers into paying hundreds of dollars for services that are available for free.
Even the CEO acknowledges that some consumers have confused the company for the federal government.
Rob Walker, Fortune
Gimme the loot (boxes).