People already put rent on their credit card to pay it off in chunks. This is just Klarna tapping in that market

bro. Fucking -- Think about it. Klarna pay in 3 installments divide the cost by 3 and take payments monthly. Month A, you pay one third. Month B you pay one third of months A and B. By month C onwards you're consistently paying three thirds or 100% of the rent. You'd only defer yourself the value of one month's rent over the span of two months. Pointless.

Dystopian fucking timeline. Around every corner there seemingly waits billionaires waiting to fuck ppl over

Yet more proof that "richest country in the world" doesn't mean what Americans think it means.

"Can't pay rent? Don't worry we have an even more humiliating solution for you!"

Rent money to rent apartment

Great idea

Richest nation in the world.

Klarna 'bout to find out their business model doesn't work as well in the US compared to the Nordic countries and EU, as

1. People are already up to their neck in debt, putting Klarna to the back of the queue in case there's a default
2. Personal bankruptcy is a thing

Especially the Northern Europe personal bankruptcy is really not a thing, fuck up your finances and you're never going to see a penny you make (above what you strictly need to live) until everything has been paid back. Debt that is actively being collected also never expires.

There's a good reason Klarna's been able to thrive in this environment – getting debt from banks is quite difficult and you have added security from the draconian collections process.

In the US a company ignores credit scores at their own peril. The bankruptcy process is one of the few things that works better in the US than in e.g. my home country Finland.

How much later? Can I get 50 years on that cause I'm gonna take that option.

I'm no Maoist but those 'land reforms' are starting to sound pretty good right now.

Financing is bad at the best of times.

Gatekeeping basic necessities behind paywalls is economic violence.

coming soon: Americans are fucking drowning in debt

neofeudalism here we come!

The “free market” at work, folks.

My dad paid 140k to buy a lot and build a house about 25-30 years ago. It's back up for sale...$475k. in that time, minimum wage went from $5.15 an hour to $7.25 in that save time frame.

People are still working 40+ hour weeks, and healthcare is somehow costs MORE, along with everything else.

I don't fucking think immigrants had anything to do with any of that.

Could I get a loan to help me pay a klarna instalment?

How deeply can we dig this hole?

Wiggling another jenga block out of the tower.

The best system in the world everyone!

So what happens if you keep leveraging klarna on klarna on klarna and then just buy a van, skip the bill, and go off grid?

Gotta love a good loansharking scheme.

Isn't this just a mortgage without the equity?