How to delete Klarna account

KLARNA, the UK's leading buy now, pay later service, announced this week it would start reporting Great britain customer debts to credit agencies. How tin you lot delete your Klarna account?

GB News: Indebted Britons warned most involvement rates rise

The controversial movement means Klarna customers volition have their transactions appear on their credit report, which could influence credit scores. The service will written report consumer purchases paid on fourth dimension, tardily payments and unpaid purchases for "pay in 30" and "pay in 3" orders made on or later June 1 to Experian and TransUnion.

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Klarna already reports data on longer-term lending agreements ranging from six to 36 months, which do incur involvement.

The change means lenders for loans and mortgages will be able to meet your debt history with the service.

But the appearance of payments on a credit report will not be immediate however, with total changes existence implemented from the stop of 2023.

Alex Marsh, head of Klarna, stated that this move is in society to protect customers, and provide more visibility of BNPL services.

READ MORE: Government cracks down on buy at present, pay afterward lenders

Klarna logo

Klarna volition be brainstorm reporting credit data on June 1 (Image: GETTY)

He said: "It is alarming that Uk consumers are nonetheless being forced to have out loftier-toll credit cards to demonstrate they can use credit responsibly and build their credit profile.

"That will beginning to change on June 1 this year as the vast majority of the xvi million UK consumers who make Klarna BNPL payments in full and on time volition be able to demonstrate their responsible apply of credit to other lenders."

The beingness of BNPL services is controversial, and concerns have been raised over the rapid ascension of services like Klarna in contempo years.

Klarna has some sixteen million users in the U.k., and is the largest service of its type in U.k..

Currently, some of these services are not regulated past the Financial Conduct Authority, merely the Authorities is planning to alter this.

Woman online shopping

Klarna is mostly used for online clothes shopping (Image: GETTY)

How tin I delete Klarna?

According to Klarna'due south website, yous must arrive impact with the service'southward customer services to close your Klarna account.

Y'all can contact Klarna on 0203 005 0833, or you can utilise the online chat role via the website to talk to someone about endmost your account.

Yous will need to have paid off all of your orders via Klarna to delete your account.

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Woman with package

Only some Klarna spends are sent to credit agencies currently (Image: GETTY)

Trending

    Klarna advised waiting ten days from the engagement of your terminal payment earlier trying to delete your account.

    In one case completed, you will not exist able to view your order history and payment schedules.

    Afterwards the news bankrupt that Klarna would brainstorm to transport data to credit agencies, searches for how to delete your account soared.

    A previous version of this article stated Google search for 'How to delete Klarna' increased 1,884%. This was inaccurate. In fact, we have since been advised that Google Trend information shows that searches for 'delete Klarna' accept been stable over the last few days. We are happy to clarify this.