I have a question about Bill Me Later. I had a bill me later account through paypal, I bought a LED tv with it for about 340 dollars. I was dumb and did not make my payments, so I was getting letters from bill me later to settle the debt, at tax time last year I payed 290 to settle the debt since I could not afford to pay it during the billing periods. My question is, on my paypal account it still says I have a balance of 306.00 and owe a minimum payment of 207. If I settled the debt shouldn't they have cleared it all out to 0? The other question is can I start a new bill me later account? I have 2 jobs now and would have more than enough money to make the minimum payment each month so it wouldn't be the worst idea ever. I want a kindle fire and can't afford 300 dollars all at once out of pocket.