3 ms·
Their "pay later" function is an interest-free loan, so not sure you can call them loan sharks. If you meant that the loans with missed payments get sent to col
by aloe_falsa 4y ago
Their "pay later" function is an interest-free loan, so not sure you can call them loan sharks. If you meant that the loans with missed payments get sent to collections and the customers' credit score takes a hit — isn't that how all credit works?
- cscurmudgeon 4y agoThat was before https://www.finder.com/klarna https://www.finder.com/klarna s. Interest on late payments. If you don't pay off the balance by the end of your billing month, Klarna starts charging you 19.99% interest on average.
- deleted 4y ago[deleted]