My picture, may be wrong, is that not paying your loans is easier to get away with in the US. That you can just not pay and people will sigh and actually give u

My picture, may be wrong, is that not paying your loans is easier to get away with in the US. That you can just not pay and people will sigh and actually give up. While in Sweden people will hound you until they get their money. Consider this: > Klarna requires you to have a card filed with them and they will charge your card an exorbitant interest rate if you miss a payment. But on the other hand…if you cancel your card, or if you put in a temporary card from one of those temporary card services that auto-expires, what is Klarna going to do? They can’t, like, claw back the taco. I think this is a case in point, this expectation that if you don't pay that's the end of it. Even in the US it's possible to recover the money with a lawsuit, and I wouldn't be surprised if Klarna starts making use of that possibility. If I'm right, this would also explain not using traditional credit scores, as they are more a measure of whether you usually pay your debts on time, but what matters is whether you have the assets/income so that you can be made to pay your debts.