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The Independent UK

National

Vicky Shaw

Klarna to report product use and missed payments to UK credit reference agencies

Klarna United Kingdom BNPL Alex Marsh FCA

PA Archive

Shopping and payments service Klarna will start to report the use of buy now pay later (BNPL) products to UK credit reference agencies from June.

It will report consumer purchases paid on time, late payments and unpaid purchases for “pay in 30” and “pay in three” orders made on or after June 1 to Experian and TransUnion.

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