Klarna may run so-called unrecorded enquiries (or soft credit searches) that do not affect credit scoring and are only visible to you and Klarna, but not visible to other lenders. Neither Klarna nor Get The Label run credit searches against you that could impact your credit rating. Not settling your payment on time could affect your ability to use Klarna in the future.
Why have I not been offered Pay later in 3 or Pay later in 30 days?
Although Pay later in 3 and Pay later in 30 days are widely promoted they are not always universally available. The payment method options are automatically generated by algorithms that are dependent upon a number of factors including address details, cardholder details, amount of order, the online store, previous order history and item availability. Alternatively, you are able to complete your order by paying by credit or debit card at the checkout.
What happens if I don't pay for my Pay in 3 instalments order?
Klarna will automatically attempt to collect your payment for your Pay later in 3 interest-free instalments purchase at Get The Label from the debit or credit card you entered at checkout. If we are unable to collect your payment on the scheduled due date Klarna will make one further attempt to automatically collect payment two days later. Should this last payment attempt fail, Klarna will issue you a statement for the full outstanding order amount which will become payable 15 days later. Klarna shall notify you when a payment is due two days in advance of attempting to collect your payment and you can always monitor the due date in Klarna app at your convenience. Your credit score will not be impacted by using Klarna's ?Pay later in 3 instalments' product even if you have failed to pay on time.
What happens if I don't pay for my Pay in 30 days order?
Payment is due 30 days after the item is shipped. To help you pay on time, we'll alert you two days before payment is due ? you'll receive a push notification from the Klarna app or email reminders to pay ? and, if very late, we?ll also send you a text or letter, too. Your credit score will not be impacted by using Klarna?s ?Pay later in 30 days? products even if you have failed to pay on time.