1 reviews | Active since May 2024
Buy Now, Pay Later - A Complete Lie
I am incredibly disappointed with Float's "Buy Now, Pay Later" service. They advertise a solution that’s supposed to give you flexibility by allowing you to pay later, but instead, they reserve the entire purchase amount on your credit card from the moment of purchase. This completely defeats the purpose of the service, as it’s essentially the same as buying the item outright. I had hoped to pace myself and avoid paying the full amount at once, but instead, I’m stuck with the total cost on my card, which I didn’t plan for. This is incredibly misleading. I didn’t get the benefit I expected, and it feels like I was ******* into using a service that offers no real advantage. I’d strongly recommend looking into alternatives like Pay Just Now or Payflex, where you actually buy now and pay later in a way that offers the flexibility you expect. Float needs to be more transparent about how their service works because right now, it’s doing the opposite of what they promise.
Thank you for your review. We’re sorry to hear that your experience with Float wasn’t what you expected, and we completely understand your frustration.
To clarify, the core benefit of Float is that it allows you to make big purchases without being charged the full amount upfront, which gives you time to manage your credit card repayments instead of dipping into your cash. While we do reserve the full amount on your credit card, only the first interest-free instalment is charged, and the reserve reduces as you pay each instalment. This is designed to make your credit work better for you, offering flexibility that typical credit card purchases don’t.
We make sure to explain this process in detail in our "How it Works" pop-up, the instalment schedule at the time of purchase, follow-up emails, and on our website. The goal is to ensure that you can manage your finances easily without taking on any new credit or facing additional charges.
We genuinely appreciate your feedback and would be happy to address any further concerns or updates you need help with. Please feel free to reach out to us directly on ***.
Regards,
The Float Team
Best regards,
Thank you for your review. We’re sorry to hear that your experience with Float wasn’t what you expected, and we completely understand your frustration.
To clarify, the core benefit of Float is that it allows you to make big purchases without being charged the full amount upfront, which gives you time to manage your credit card repayments instead of dipping into your cash. While we do reserve the full amount on your credit card, only the first interest-free instalment is charged, and the reserve reduces as you pay each instalment. This is designed to make your credit work better for you, offering flexibility that typical credit card purchases don’t.
We make sure to explain this process in detail in our "How it Works" pop-up, the instalment schedule at the time of purchase, follow-up emails, and on our website. The goal is to ensure that you can manage your finances easily without taking on any new credit or facing additional charges.
We genuinely appreciate your feedback and would be happy to address any further concerns or updates you need help with. Please feel free to reach out to us directly on ***.
Regards,
The Float Team
Best regards,