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The Latest Breaking News from Klarna

Two week warning issued to anyone with a Klarna account as £5 fees are introduced

All Klarna users will be affected by the policy change which comes into place on March 16

Manchester Evening News

Klarna to start charging late fees from next month - what you need to know

From March 16, Klarna will be charging £5 to customers who miss their repayments and the move is a major shift by the buy now, pay later firm who has so far has not charged late fees in the UK

Daily Mirror

Buy now, pay later firms set for major crackdown under new rules to protect borrowers

A new consultation has launched today and will look at how buy now, pay later (BNPL) products could be brought under Financial Conduct Authority (FCA) regulation

Daily Mirror

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Why did I pay Klarna for an Eve Sleep mattress I want to return?

The mattress company went bust but £54 was taken from my account

The Guardian - UK

Millennial Money: 5 tactics to pay buy now, pay later debt

After the holiday season, those “buy now, pay later” bills will come due

The Independent UK

The 2023 IPO market: What to expect when you’re not expecting

A look at which companies are ripe for a public debut—and which won’t make the list.

Fortune

Boots annual 70 per cent off sale is set to return with some deals already live

Huge brands are already massively reduced in this years sale

Leeds Live

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How to make holiday returns with buy now, pay later

If you bought an unsuccessful gift this holiday season with a “buy now, pay later” plan, you or the recipient might be wondering how to return it

The Independent UK

In a year marked by inflation, 'buy now, pay later' is the hottest holiday trend

People are paying for blenders, shirts and even groceries in installments. New research suggests this encourages people to overspend.

WEKU

The problems with using buy now, pay later to fund travel

“Buy now, pay later” services like Affirm, Afterpay and Klarna can sometimes provide a cheaper, more accessible version of credit

The Independent UK

London fintech Checkout.com sees valuation plunge to $11 billion

The Shoreditch-based business had been valued at as much as $40 billion in January

Evening Standard

Harrods: How does buy now pay later scheme work with Klarna?

Harrods has extended its partnership with Klarna to cover all five departments

Evening Standard

Hot Upcoming IPOs to Watch

The most exciting upcoming IPOs include data intelligence platform Databricks and Elon Musk's SpaceX.

Kiplinger

London fintech unicorn Zilch poised to begin wave of layoffs as downturn hits buy now pay later sector

Zilch joins rival Klarna in making a series of layoffs in a bid to cut costs as investors weigh the prospects for BNPL firms after higher borrowing costs squeeze profits

Evening Standard

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Daily Record

Martin Lewis slams Deliveroo over new payment method for takeaways

Customers using Deliveroo will now notice Klarna as an additional payment option when they go to pay for their takeaway.

Glasgow Live

Deliveroo takeaways now available on finance as Martin Lewis issues warning

Users were stunned when they noticed a new finance option appear on the popular takeaway app - here's why the MoneySavingExpert has warned people to steer clear.

Wales Online

Martin Lewis slams Deliveroo for Klarna buy now pay later scheme to spread cost of takeaway

The Money Saving Expert founder said borrowing should only be for a "planned one off budgeted purchase, not a cheeky Nandos"

Chronicle Live

Martin Lewis warning after Deliveroo offers new payment option for takeaways

The consumer guru has questioned if customers need this finance option to pay for takeaways and suggests it could result in debt

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Manchester Evening News

Martin Lewis issues warning to anyone that uses Deliveroo

Users were stunned when they noticed a new finance option appear on the popular takeaway app

Manchester Evening News

Deliveroo users' jaws hit the floor when they see 'horrific' suggestion at checkout

"Hideously wrong in so many ways"

Evening Standard

Martin Lewis hits out Deliveroo for buy now pay later scheme

The partnership has faced a backlash for encouraging people to use a buy now, pay later scheme to pay for food.

The Independent UK

Experts warn against using Klarna to pay for Deliveroo takeaways

There are fears people will fall into further debt as the costs spiral

Daily Mirror

Brits can now spread the cost of a Deliveroo using Klarna - and experts don't like it

Consumers can now buy a Deliveroo takeaway using buy now, pay later firm Klarna, but experts say the idea is 'extraordinarily irresponsible' and can impact your finances

The Guardian - UK

‘It’s just so easy, isn’t it?’ How buy now, pay later can leave Britons struggling with debt

We spend almost £1bn a month through retailers’ spread-the-cost payment schemes. But many borrowers find themselves missing payments, covering instalments with credit cards – and using the schemes to pay for food and other essentials. Is online credit spiralling out of control?

The Guardian - UK

Debt concerns as UK public sector workers turn to buy now, pay later

Use of services such as Klarna, Clearpay and Laybuy rising as staff rejected by mainstream lenders

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