The 'buy now, pay later' service Klarna will begin to charge users un the UK for missing payments this month
Klarna users have been issued a two-week warning as up to £10 fees are set to be introduced for those who miss a payment.
In an email sent to customers titled 'Important message from Klarna', the service stated that users will be hit a £5 late fee for payments that remain unpaid for seven days. "Late fees will only be applied if a payment remains unpaid after the due date has passed. At the same time, we’re doing lots to help you avoid missing a payment, including offering automatic payments, sending friendly reminders, and applying a grace period before we charge a fee."
Top Trending Stories Today This month, the UK Government's HM Treasury launched a consultation to see if buy now, pay later services could be brought under Financial Conduct Authority regulation.How the fees will work When you purchase an item with Klarna you will be given a due date for payment. The service allows you to either pay them back inside 30 days or in 14 days through three instalments.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zara shoppers left 'disturbed' by 'weeing dress' picture for £10 gownZara shoppers say brand 'lost the plot' with 'disturbing weeing' picture for £10 dress
Read more »
Morrisons shoppers can get two full breakfasts for £10 in money-saving dealThe week-long deal includes two 11-piece meals and a hot drink for customers
Read more »
Copy Stacey Solomon's floral french manicure at home for under £10The Loose Women star treated herself to a stunning new manicure and we think it’ll be this season’s next big trend, not to mention easy to do at home for less than £10
Read more »
Boots shoppers rushing to stock up on £10 ‘hero balm’ that’s ‘too good to miss’Boots shoppers rushing to stock up on £10 ‘hero balm’ that’s ‘too good to miss’ aff
Read more »
Beauty fans say Boots £10 anti-ageing cream is an instant 'filter in a bottle''All I can say is i do not need to use a filter when taking photos. After just a couple of days applying this to my skin, the fine lines were hardly apparent, my skin looked brighter and fresher.'
Read more »
Boots shoppers hail £10 anti-ageing cream that gives visible results in 4 hours'All I can say is i do not need to use a filter when taking photos. After just a couple of days applying this to my skin, the fine lines were hardly apparent, my skin looked brighter and fresher.'
Read more »