Deprivation of assets

Jimm_Alumni

https://forum.scope.org.uk/discussion/comment/927624#Comment_927624

This is probably a personal view thing. As I mentioned in another thread there was a time in my life I was in a poor financial situation. I was awful at keep track of finances and something like klarna would have been something that would have made my situation worse. My lack of ability in organising finances and budgeting would have meant using klarna I would not be surprised if I'd end up overspending and then ending up the late fees as they pile up.

Admittedly I just looked at their late fees and they aren't as predatory as I imagined. I think again, my opinion is affected by the payday loan companies that used to exist 10 or so years ago.

I am far, far better at budgeting and managing my finances now, but I think my past has left my very wary of short-term credit.

durhamjaide2001

https://forum.scope.org.uk/discussion/comment/927456#Comment_927456

thanks for the tip