Klarna can be good for borrowers who want to do shopping for a big-ticket item and can comfortably afford the monthly payments in this day and age.
However, 2022 has been a really tough year for many people, from gas increase to council tax bill on a rise. so using Klarna payment method is not a bad idea!
Buy Now, Pay Later
In simply means You purchase at a retailer and opt for buy now, pay later at checkout. If approved within a second you will be told if you make a small down payment, such as 25% of the overall purchase amount that how it works. You then pay off the remaining amount due usually series in interest-free instalment.
I always will advice you to try buy and pay in full up to 30 days later, or if you cannot just split the cost into 3 interest-free monthly instalments. The quicker you pay the less the interest occurred .
Klarna payment options are :
Pay now (card payments), Pay in 30 days (invoice), Pay in 3 instalments and Financing (instalment plans of 6, 12, 24 and 36 months with flexible payments).
Can I get a Klarna card?
yes you can of course, all you need to do is apply and wait for a result in mins.
What is Pay in 3 instalments
Spread the cost of your purchase into 3 interest-free instalments. The first payment is made at point of purchase, with rest instalments scheduled automatically every 30 days.