I dont think they are a fair comparison to what essentially pay day loan companies.
I am happy they are european, it means not just their operations but their data is probably to a higher standard. That said, they are absolutely everywhere now encouraging people to over spend and making everyday items more expensive for the lowest paid class of people.
Klarna offers many payment options. (Credit Cards, Instant Bank Transfer from your Account, SEPA Direct Debit, by Bill etc…) Buy Now Pay Later is just one of them.
There is no difference to PayPal or CreditCards where you can also buy stuff with money you don’t have (hence the “Credit” in Credit Card) or PayPals “Pay in 30 days or installments”-Option.
I was referring specifically to buy now pay later, like humm. I didnt know paypal offered that, they sucked way before that. Credit cards seem to have stricter controls on them.
That couldn’t be more wrong, at least in Germany we have SCHUFA scores, which are essentially the same. You won’t ever rent an apartment, get a bank account or a phone contract without a good score with them.
And Credit Cards are also widespread. True we don’t use them in everyday life much, but for travelling abroad or online Shopping. And the Debit versions become more popular in the last years. But for renting a car and stuff the “real” credit cards are still essential
Literally the biggest economy and country with the most people in the EU.
Ireland has the ICB
Austria has the KSV1870.
And the other countries have also alternative schemes in Place where data about unpaid bills/debts is stored. Like the BKR in your home country Netherlands.
So, no we’re not literally the only country in Europe that has credit ratings/scores.
:( I’m tired, this is stupid. European credit history (if you ever been in debt or late on installments) is very different from the credit score in US and, apparently, Germany (I wonder why). Ehi, you wanna support shark loans? Be my guest but don’t expect sympathy.
I dont think they are a fair comparison to what essentially pay day loan companies.
I am happy they are european, it means not just their operations but their data is probably to a higher standard. That said, they are absolutely everywhere now encouraging people to over spend and making everyday items more expensive for the lowest paid class of people.
Klarna offers many payment options. (Credit Cards, Instant Bank Transfer from your Account, SEPA Direct Debit, by Bill etc…) Buy Now Pay Later is just one of them.
There is no difference to PayPal or CreditCards where you can also buy stuff with money you don’t have (hence the “Credit” in Credit Card) or PayPals “Pay in 30 days or installments”-Option.
Or what am I missing?
I was referring specifically to buy now pay later, like humm. I didnt know paypal offered that, they sucked way before that. Credit cards seem to have stricter controls on them.
We don’t usually use credit cards in europe. We don’t have credit scores here, the majority use DEBIT cards. Which is the opposite.
That couldn’t be more wrong, at least in Germany we have SCHUFA scores, which are essentially the same. You won’t ever rent an apartment, get a bank account or a phone contract without a good score with them.
And Credit Cards are also widespread. True we don’t use them in everyday life much, but for travelling abroad or online Shopping. And the Debit versions become more popular in the last years. But for renting a car and stuff the “real” credit cards are still essential
Literally the only country in continental Europe. Ahah Yes, very smart 🤓
Literally the biggest economy and country with the most people in the EU. Ireland has the ICB Austria has the KSV1870.
And the other countries have also alternative schemes in Place where data about unpaid bills/debts is stored. Like the BKR in your home country Netherlands.
So, no we’re not literally the only country in Europe that has credit ratings/scores.
Get your facts straight
:( I’m tired, this is stupid. European credit history (if you ever been in debt or late on installments) is very different from the credit score in US and, apparently, Germany (I wonder why). Ehi, you wanna support shark loans? Be my guest but don’t expect sympathy.
Have you ever been to the UK?