What happens if I can’t pay on time?

Pay in 3, 6 or 12 interest-free instalments

If we are unable to collect the payment on the scheduled date, we will try again. If the payment fails, the amount due for the missed payment will be added to the next scheduled payment. Missed payments can incur late fees and may be sent to debt collection.

Pay in 30

You’ll receive a payment reminder if you miss the due date of your Pay in 30 days purchase. Be sure to pay on time to avoid late fees and debt collection.

Klarna Credit Card

You can make a manual payment at any time by logging in to the app. Avoid late payment fees by setting up automatic payments to ensure you don’t miss a payment.

1. 1.
   Navigate to Payment methods
2. 2.
   Tap AutoPay

If you pay late, Klarna may report the entire Klarna Credit Card balance (including purchases converted to 3, 6 or 12 month Financing) as overdue to the credit reference agencies, which could affect your credit rating negatively and make it harder or more expensive for you to obtain credit in the future.

Financing

If your automated Financing payment fails you can make a manual payment in the app. Any missed payment will be automatically added to the next month’s installment. Information such as late and unpaid balances is visible on your credit file to other lenders.

Good to know:

• Klarna reports all purchases made with the Klarna Credit Card, Financing, and Buy Now Pay Later (BNPL) purchases, to the credit reference agencies. More information can be found in our T&Cs.
• If you continue to miss payments any outstanding debt, together with incurred fees, may be sent to debt collection for recovery.

Contact us if you are experiencing financial difficulties – we are here to help.