This company is as bad as payday loan companies and make massive profits off people who don’t understand credit and get themselves into debt. The sooner they fail the better.
Oh no!… Anyways..
More that they know no-one will use them anymore when the new regulation comes in to force that makes them appear as a pay-day loan on customers credit records.
The UKPF of the guy paying off his klarna debt via the same klarna account linked to his paypal may be part of this
5 comments
This company is as bad as payday loan companies and make massive profits off people who don’t understand credit and get themselves into debt. The sooner they fail the better.
Oh no!… Anyways..
More that they know no-one will use them anymore when the new regulation comes in to force that makes them appear as a pay-day loan on customers credit records.
The UKPF of the guy paying off his klarna debt via the same klarna account linked to his paypal may be part of this
https://www.reddit.com/r/UKPersonalFinance/comments/uw76cr/600_debt_klarna_loophole_using_paypal/
These companies perpetuate irresponsible lending.
If you have to take out a payment plan for £60 trainers something is seriously wrong with your financial ethics.