What is Klarna?
Klarna provides convenient and flexible payment solutions for online shoppers to make shopping a seamless experience. With options like Pay later and Slice it, shoppers can defer payment or pay in installments without a credit check, making shopping more accessible and enjoyable. Klarna also prioritizes customer security by implementing state-of-the-art measures to protect personal and financial information.
Why Choose to Buy with Klarna?
There are several benefits of buying with Klarna, such as:
Convenient Payment Options: Choose to pay later or in installments for added flexibility and better control over finances.
No Credit Check: No credit check is required, making Klarna accessible to a wider range of customers.
Easy Checkout: The checkout process is simple and straightforward, making shopping a breeze.
Increased Security: Klarna prioritizes security and uses advanced measures to protect personal and financial information.
What are the Requirements to have a Klarna Account?
To create a Klarna account, you need to provide your personal information, including name, address, and email address. You also need to create a password and be at least 18 years old.
How Does Klarna Work?
Klarna works by allowing customers to choose their preferred payment method at checkout. For example, if you choose Pay later, you will have 14 days to pay for your purchase after it has been shipped. If you choose Slice it, you will pay for your purchase in agreed upon installments over time.
Does Klarna Perform a Credit Check, and How Does it Impact My Credit Score?
Klarna does not perform a credit check during sign-up, so it won't impact your credit score. However, if you choose to pay with Pay later or Slice it, Klarna may perform a soft credit check to determine creditworthiness, which won't affect your credit score.
What are Klarna's Fees?
Klarna's fees vary based on the payment solution you choose. Pay later is a fee-free option, while Slice it may incur a fee for setting up the installment plan, which is disclosed at checkout. Klarna may also perform a soft credit check to determine creditworthiness if you choose to pay with Pay later or Slice it.
How is Interest on a Klarna Loan Calculated?
Interest on a Klarna loan is calculated based on the total cost of the loan and the length of the loan term. The interest rate is disclosed at checkout and reflected in the monthly installment amount. The interest rate is fixed for the duration of the loan, providing clear and predictable monthly payments.