San Diego startup launches new way for people to shop


A San Diego startup addresses the vicious debt cycle in America by creating a way for consumers to shop using credit without interest rates, credit checks or late penalties. The startup, called Zebit, acts as "sort of an Amazon for the under-served" and uses a simple sign-up that determines the amount of credit consumers receive for the site and allows shoppers to purchase with 6- to 12-month payment plans.

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