What is Afterpay / Klarna?Updated 3 years ago
- They are 'buy now, pay later' platforms that let you buy something immediately, and pay it off over eight weeks in 4 equal payments.
- They are still a source of credit, so you should treat it as such and be careful not to overcommit financially.
- There are fewer checks and balances in place when compared to credit cards, and Afterpay/Klarna puts the responsibility on you to make sure you can afford it.
- For more information visit their websites:
- www.afterpay.com
- www.klarna.com