Saturday, 30 May 2026
Buy Now Pay Later
Klarna, Clearpay and the risks of buy now pay later — what the regulations say and when it can hurt your credit.
2 articles
bnpl
Since June 2023, Klarna reports both on-time and missed payments to UK credit reference agencies. That means responsible use can help build your credit, but missed payments can now damage it — a real change from the early days of BNPL.
bnpl
Buy now, pay later isn't inherently bad — used carefully it spreads costs at no interest. The danger is how easily it encourages overspending across multiple purchases, and missed payments now harm your credit. Used with discipline, it's a tool; used loosely, a trap.