Personal finance expert and editor-in-chief of Lending Expert, David Beard. So it very interesting that Klarna should now launch their own physical card, which is essentially a credit card but with slightly different terms, that is totally unregulated!
“Just this month, it was revealed Klarna wanted to shift criticism onto credit card providers as the government prepared to clamp down on buy now pay later providers, which seems a little rich considering they’ve just announced their own card – which in all intents and purposes is essentially a credit card, albeit with different terms,”