If they say no payments for first 6 months, there is no interest. But if you're going to pay it off, pay it off before the 6 months. I don't know what happens after the 6 months since I pay it off early. I don't even sign up for these things. I pay for it all up front. Same goes with credit card bills. No minimum due payment crap.Ah, okay. So, is there interest, with BillMeLater, then? I'm just trying to figure out if it would be a good option for me. I've never bothered messing around with credit cards (just have a debit card), so I don't know how a lot of that stuff works. The way it sounds, I don't have to make any payments on it for six months, but then when six months rolls around, do I just owe the original amount of the transaction, or do I owe more?
But I think when the 6th month rolls around, you owe original. By the 7th, you owe more since you missed the payment. Best thing to do is to call BillMeLater and talk to the representative on the phone to get a better understanding and have all your questions answered. Everything I've said is based on my experience.