Klarna & PayPal 2026: New Rules for "Pay Later"

BNPL Becomes Real Credit!

No more "Buy now, pay later" without control! From November 20, 2026, Klarna, PayPal Pay Later and others are treated like real loans.

What's New?

Credit Check for Everyone

• Under €200: Even small amounts now require a check
• Interest-free installments: 0% financing is now real credit
• SCHUFA-relevant: BNPL usage can affect your score

Better Protection for You

• Clear warnings: "Attention! Borrowing costs money!"
• 14-day withdrawal right also for BNPL
• No more aggressive "Buy now!" advertising

Warning: How to Avoid the BNPL Trap

1. Keep track: List all "pay later" purchases
2. Avoid installments: Only buy what you could pay immediately
3. Check SCHUFA: See if BNPL usage was recorded

Why This Change?

Many young people fell into debt through BNPL. The new rules protect you from thoughtless purchases and ensure fair credit conditions.

Conclusion: Shop Consciously!

BNPL can be practical, but treat it like a loan. Always compare conditions and think about whether you really want to spend the money!