We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Installments
Options

szwh14
Posts: 13 Forumite

in Credit cards
Hi
I just recently found out about Klarna and its Pay in 3 instalments (over 3 months). I was wondering if there was any other company doing the same thing but over a longer period of time? Without interest and fees.
Thank you for your help
I just recently found out about Klarna and its Pay in 3 instalments (over 3 months). I was wondering if there was any other company doing the same thing but over a longer period of time? Without interest and fees.
Thank you for your help
0
Comments
-
0% credit cards would give you a much longer period and more flexibility.1
-
Is it 0% for a limited time? as i am worried i might not realise it and be charged interest.0
-
szwh14 said:Is it 0% for a limited time? as i am worried i might not realise it and be charged interest.1
-
It's for a limited time, like Klarna, but a much longer limited time.
If you have a diary, or phone, you can put the end date in there as a reminder. You'll also see if on each monthly statement.
Assuming you don't slip into a coma, there's no reason for you to miss the end date.3 -
Just to add a note of caution. You must never use this type of credit (whether Klarna or a 0% credit card or any other "buy-now-pay-later" scheme) to buy something you can't really afford. If you're disciplined, and make absolutely sure that you'll be able to clear the full balance when the "term" comes to an end, then great - make use of it. But if you fail to clear the balance then you'll be hit with interest fees - which can be quite substantial in some cases.szwh14 said:Is it 0% for a limited time? as i am worried i might not realise it and be charged interest.Alternatively, set up Direct Debit payments to make sure the balance will be cleared. For example, if you have a 0% deal on a credit card that runs for 2 years, and you put £2400 on it, set up a Direct Debit to pay £100 every month. By the time 0% promotion expires, the balance will be cleared.2
-
https://www.liverpoolecho.co.uk/news/business/klarna-customers-facing-big-shake-23859727
Good news. Which echo's the above post & how people can end up in serious trouble.Life in the slow lane2
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards