Klarna's "buy now, pay later" service can negatively impact credit scores due to overuse.

Klarna, a popular "buy now, pay later" service, can impact credit scores if users overuse it, resulting in payment delays and hard credit checks. Overuse can lead to temporary credit score lowering and reduced ability to get approved for credit. To maintain a good credit score, users should make timely payments, avoid excessive credit checks, and safely build and manage credit.

August 13, 2024
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