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This needs some serious regulation, just as credit card APRs do. Not likely to happen in this administration!
We just did this in Norway, like last year.
To use Klarna now, you must have signed a credit agreement and have a set limit. Just like any other credit card.
They really do their best to avoid words like debt and loan. Those are serious words, this is just a bit of fun! Buy now pay later! 3 easy installments!
That’s just straight ridiculous. But who tf does doordash deliveries if you’re strapped for cash!?
Sure that people have been able to pay off a takeaway with Klarna or similar for a while now in the U.K.
