“22,000 euros debt? There’s more to come!” Under the TikTok hashtag #klarnakredditen, young people show how much debt they have built up with the Swedish payment provider and outperform each other. Being only 25 years old and already dealing with a collection procedure does not seem unusual. Buy now, pay later: what this incredible and worrying trend is all about.
“Honestly, if you’ve been threatened with debt collection for months and you don’t know what, then you can’t handle money, sorry.” With a frown and eyebrows raised, the young woman whose TikTok account has been called “Joanaslife” says into the camera.
Source: Krone

I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.