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.
February 2016: This action was voluntarily dismissed When a complaint is dismissed with prejudice, it cannot be refiled., the reasons for which have not been disclosed.
October 2014: A class-action lawsuit was filed against Smucker Natural Foods for allegedly misleadingly labeling Natural Brew Draft Root Beer as “made from all natural ingredients” and containing “no artificial colors, flavors, or additives, ever” when the root beer actually contains artificial ingredients, such as caramel color (an artificial color additive) and phosphoric acid (an artificial flavor and chemical preservative). (Silva v. Smucker Natural Foods, Inc. and J.M. Smucker Co., Case No. 14-cv-06154, E. D. NY.).
For more information about other class-action lawsuits filed against J.M. Smucker and TINA.org’s coverage of the company, 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).