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$66.47 afterpay limited

no you’re wrong palZip only charges the 6 a month after the...

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No1hasacluehere

219 Posts.

110

07/10/20

21:06

Post #: 47924192
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Originally posted by coppergaz: ↑

oh god,, there is so much wrong in this,,,

apt late fee is capped at $51 currently or $68(pre covid) or 25% which ever is lower.

$6 fee on zip is account keeping fee you will pay it if you have any outstanding balance at the end of the month regardless if you are upto date with payments or not. so yes scenario 1 will get fees for first 3 months.making your example $30 in fees on the 500 purchases not $12

in scenario 3 you say $66 in fees but did not add the 19.9% interest

too many holes in your rubbish examples

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no you’re wrong pal
Zip only charges the 6 a month after the interest free period. Merchants agree to offer an interest free period usually 3 months. If a consumer can pay back in those 3 months there are no fees. When balance is zero no monthly fees. So you get interest free for 12 weeks with zip and you get interest free for 6 weeks with afterpay

its very very simple. Stop smoking the afterpay weed, and stop drinking the coolaide

Last edited by No1hasacluehere: 07/10/20

APT Price at posting: $84.84 Sentiment: Sell Disclosure: Not Held
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