Buy Now Pay Later Apps Class Action Class Action Investigation

LAWYER ADVERTISING

PA Shamis & Kind
Andrew Shamis
Licensed in Florida, New York, Georgia, Illinois, Ohio, Arizona and Texas
Office location: 14 NE 1st Ave., Ste. 705, Miami, FL 33132

Who is affected: Buy now, pay later

Have you incurred excessive charges such as overdraft fees or insufficient funds after using Buy Now Pay Later services, such as Affirm, Afterpay or Klarna? If so, you may have a legal claim.

Buy now, pay later Companies market their services as a way for consumers to buy the items they need now with the ability to pay later without incurring interest or fees. However, some consumers say they were tricked into buying, now paying later terms and facing undisclosed fees and interest.

Afterpay, Klarna and Affirm are three buy-now-pay-later companies that have already been the subject of class action lawsuits in recent years for allegedly charging consumers an undisclosed fee for using their services. Complainants have alleged that these Buy Now Pay Later apps offer deceptive payment plans that leave consumers unaware that they will be charged fees and interest.

As a result, consumers who used the apps incurred NSF, overdraft, and other fees after using the buy now pay later apps.

Are you eligible?

If you incurred NSF, overdraft, or other charges after using any of the following buy now, pay later services, you may be eligible to participate in a free class action investigation:

  • Klarna
  • After-payment
  • To assert
  • Paypal in 4
  • Sezzle
  • Separate it
  • zipper
  • Other services

A buy now, pay later class action lawsuit is a way to hold companies accountable for misleading consumers and potentially get compensation for unexpected fees you paid.

Fill out the form on this page for more information.

What is a Buy Now Pay Later app?

Some companies such as Klarna, Afterpay, Affirm, Sezzle and Zip offer consumers the option to pay for their purchases at a later date without interest or fees.

However, these buy-it-now-pay-later apps would not disclose that many cash-strapped users could end up paying hefty fees and interest, including NSF and overdraft fees.

Buy Now, Pay Later apps allow consumers to pay for their purchases in installments. Many consumers are attracted to these apps because they are marketed as an alternative to risky credit cards and payday loans.

Unfortunately, many consumers are unaware of the high interest rates allegedly charged by many companies who buy now and pay later.

Buy Now Pay Later Class Actions

Consumers who were allegedly duped by buy now pay later app promises have decided to take legal action against the companies.

A Class action after payment alleges that the “buy now, pay later” company targets young and poor consumers, tricking them into believing that they will not be charged interest or fees. This population is particularly vulnerable to overdrafts in their bank accounts, the complainant alleges.

However, Afterpay allegedly failed to inform consumers that they could face NSF or overdraft fees when it automatically deducts money from their bank accounts, according to the Afterpay class action lawsuit.

Klarna faces similar allegations that it targets poor consumers who live paycheck to paycheck. the Klarna Class Action alleges that the company makes repeated withdrawals from consumers’ bank accounts, which may result in them facing multiple overdraft charges.

The plaintiff claims that Klarna should have known that the consumers it targets were at risk of incurring overdraft charges when using the service.

Not only do consumers using buy-it-now and pay-later apps face the potential for NSF and overdraft fees, but they can also be left out if they don’t return the items they have. purchased with the apps.

A Confirm Class Action claims that the company does not reimburse consumers who return items and that consumers do not have the ability to dispute the transaction as they would if paying with a credit card.

Take a Free App Class Action Survey Buy Now Pay Later

If you’ve used any of the following Buy Now, Pay Later apps and incurred charges such as provision or overdraft charges, you may be subject to legal action:

  • Klarna
  • After-payment
  • To assert
  • Paypal in 4
  • Sezzle
  • Separate it
  • zipper
  • Other services

You may be eligible to participate in a class action investigation to seek compensation for costs and interest you paid.

Complete the form on this page for a free case evaluation.

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