Loans for small things are high risk and aren’t worth it for a bank in a normal economy.
People can’t afford the basics and have to lay-away like in the great depression. Klarna is the canary in the mine.
Klarna is for people who want to buy something but don’t have enough money right now. It’s helpful to them because it’s interest-free so they can pay off little items over the course of several months without acquiring interest.
But if you have enough money to buy something & pay in full, just do that. No need to drag it out for months if you’ve got plenty of money in the bank.
Well, Klarna is a free service, and I can use it however I like.
I use it to gather (all of) my financial transactions on a neat invoice so I can categorize them and keep a close tab on my family’s budget. The invoice is paid by the next month, so it isn’t “dragged out for months”. I even have the physical Klarna card which you can also get free of charge.
This is very deliberate by me, so I don’t need anybody to tell me what I should do instead. 👍
Loans for small things are high risk and aren’t worth it for a bank in a normal economy. People can’t afford the basics and have to lay-away like in the great depression. Klarna is the canary in the mine.
Ah okay. I just use Klarna as a credit card type thing, and pay my invoice every month. 🤷♂️ Sorry, I wasn’t aware it was used as a means to survive.
Klarna is for people who want to buy something but don’t have enough money right now. It’s helpful to them because it’s interest-free so they can pay off little items over the course of several months without acquiring interest.
But if you have enough money to buy something & pay in full, just do that. No need to drag it out for months if you’ve got plenty of money in the bank.
Well, Klarna is a free service, and I can use it however I like.
I use it to gather (all of) my financial transactions on a neat invoice so I can categorize them and keep a close tab on my family’s budget. The invoice is paid by the next month, so it isn’t “dragged out for months”. I even have the physical Klarna card which you can also get free of charge.
This is very deliberate by me, so I don’t need anybody to tell me what I should do instead. 👍