Buy now, pay later in 4 interest-free installments. 150M+ users. Now reports on-time payments to credit bureaus.
Editorially reviewed by Harvey Brooks
Klarna is a Swedish fintech company and one of the largest buy now, pay later (BNPL) providers globally, serving over 150 million users and 500,000 merchants. Founded in 2005 in Stockholm, Klarna is licensed as a bank in Europe and operates in the US as a payment platform.
Klarna offers several payment options: Pay in 4 (split any purchase into 4 interest-free payments over 6 weeks), Pay in 30 Days (try before you buy with 30 days to pay), and Klarna Financing (longer-term installment plans for larger purchases, subject to credit approval and interest).
Starting in 2024, Klarna began reporting on-time Pay in 4 payments to TransUnion, meaning consistent BNPL usage can now help build your credit history. Late payments may also be reported, so it's important to stay current.
The Klarna app includes price drop alerts, a wish list, one-click checkout across thousands of retailers, and a loyalty program (Klarna Rewards). There are no fees for Pay in 4 as long as you make payments on time — late fees apply for missed payments.
Yes. Klarna is a registered company headquartered in Columbus, OH, founded in 2005. They hold a NR rating with the Better Business Bureau.
Contact for details.
CreditDoc Diagnosis
Klarna is a buy-now-pay-later (BNPL) platform, fundamentally a payment flexibility tool at checkout—not a traditional credit product. While it reports payment history to TransUnion (added 2024), credit-building is a secondary benefit, not the core service. Does not fit CreditDoc lending categories (credit repair, personal loans, debt relief, etc.). Included in directory as reference only for users seeking alternative payment methods.
Nonprofit CDFI lender providing construction and acquisition loans for affordable housing development in Columbus and Franklin County since 2001.
Best for: Community development corporations and nonprofit developers building affordable housing, For-profit builders developing affordable rental or homeownership projects
Family-owned credit repair company founded in 2008 that disputes derogatory items on credit reports using a flat-fee model rather than monthly subscriptions.
Best for: Consumers with multiple derogatory items (late payments, collections, charge-offs) seeking simultaneous dispute, Individuals who prefer one flat fee over monthly subscription credit repair models
Unable to verify company details. Website returns 403 Forbidden error, preventing access to service information, credentials, or operational data.
Best for: Consumers in Columbus, Ohio looking for credit building services, People who prefer working with a local credit building provider
Learn what makes up your credit score, how it's calculated, what the ranges mean, and how to check yours for free.
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