Yes...….sort of. The difference is that with Bundll you don't...

Yes...….sort of. The difference is that with Bundll you don't pay explicitly any interest, so that the instalments you pay are just fractions of the cost of the good or service. So, if a pair of jeans cost $100, you pay 4 lots of $25 per month for 4 months (say).The difference is that FXL pay the vendor of the jeans $100 less a discount ( eg $4, so they get $96). In this sense its more like "factoring" but with short term instantly due receivables. The other big difference is that its unsecured, unlike a home loan. The other change over the last 20 years since Certegy started is that Millennials all use mobile apps to do everything, so everything must be set up to sign up and purchase on their phones.