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Review of the Payl8r, Buy now pay later:

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Interest too high

Someone recommended Payl8r to me so I signed up for it, however once I received the costing for the interest i quickly found other means of paying back the loan within the 28 days to avoid the charge. So good that I was able to get access to the money Good that I was able to clear the balance within 28 days But the interest rates are way too high for what it is. Feels very much like exploiting the desperate... Which I guess is exactly what it's there for. Reviewed on: 7th August 2023

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