What is the catch with Klarna?
If you make your monthly payments on time and in full with one of Klarna's interest-free payment plans, there is no catch. But similar to using a credit card, it's easy to overcharge. If you fail to make your payments, Klarna may consider the loan defaulted and send the loan to collections.
How do I access my Klarna Account?
To log in to your Klarna account
- Open the Klarna app or go to Private login.
- Enter the email address or phone number associated with your Klarna purchases.
- Tap Confirm and Continue.
- You will receive an email with a login link or a text with a 6-digit verification code.
What credit score does Klarna require?
Klarna doesn't set a minimum credit score to qualify for financing. Actually, it's possible to get credit with no prior history. If you choose to four interest-free installment payments, the company may conduct a soft credit pull. This does not hurt your credit score.