LazyPay — beware! be very much aware!

Address:	Mumbai City, Maharashtra
Website:	lazypay.in

Beware of this company. I am really wondering whether they are legal. Firstly they trapped me unknowingly by making me chose their service. And then they charged by 25% interest/fine for 25 days. Yes, though unbelievable but this is true. The extent of their credibility can be gauged from the fact that the service provider for whom I had made the payment using Lazypay advised me against using Lazypay.

The modus operandi is simple - they disguise themselves as a payment gateway and then if you do not pay attention then you would have already selected the Pay Later option. That is it - then suddenly you will start receiving messages asking for payment and they start charging fine ever 2 days. The only way to make payment to them is through their website. And you can only make the payment which is inclusive of fines/interest. Now if you want to dispute the exorbitant interest/fine, you can do that but they will keep charging the fine. They call it a business model but in short it is the modern day version of the blood sucking money lenders who used to operate in villages.

I am completely embarrassed that I fell into their trap, but then I have learnt my lesson. I was lucky that my amount wasn't that big but please think hundred times before you use their services otherwise you will fall into a big trap.