You could write off up to 85% of your unaffordable debt
Catalogue Debts Written Off,Catalogue Debt,What is Catalogue Debt?

Get Help Today

Fill in our questionnaire below and we will contact you.

Step 1 of 6
Why are we asking this question?
By knowing how much debt you owe, we can ensure we are able to offer you the most appropriate debt solution for your needs. Some debt solutions, like an IVA, require you to owe more than £5,000.

Buy Now Pay Later providers are an ever growing presence when shopping online. One of the most common companies you will see is Klarna.


Klarna allows its customers to either pay in 30 days time, or to split the cost of your purchase into 3 payments. The first payment will be taken straight away, followed by the second in 30 days time and a final payment 60 days after purchase.


Klarna charges its customers no interest since the make their money by charging the retailer 5% of each sale plus a standard fee. Clearly both retailers and consumers find this attractive, with Klarna now boasting around 8.6 million customers.


Until recently, Klarna only had a 1% rate of default, meaning that 99% of its customers paid the debt back, however with recent job losses due to Covid-19 and a struggling economy, Klarna’s default rate is on the rise. All signs point towards an increasing number of people getting into difficulties when faced with their overspending. 


If you have Buy Now Pay Later debt and are looking for a solution, take a look at our Buy Now Pay Later information page.

Recent Posts

Scroll to Top