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.
In July 2016, a class-action lawsuit was filed against Hyper Network Solutions of Florida, LLC for allegedly falsely marketing that its Garcinia Cambogia Extract provides significant diet and weight loss benefits when, in reality, the product is ineffective. (Gorgis et al v. Hyper Network Solutions of Florida, LLC, Case No. 16-cv-1725, S. D. CA.)
For more information about the marketing of supplements, click here.
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).