Home › Borrow › Buy now, pay later apps › Klarna Pay in 4 vs Afterpay
Both let you split purchases. Here's how Klarna Pay in 4 and Afterpay compare on late fees, interest and credit reporting.
| Klarna Pay in 4 | Afterpay | |
|---|---|---|
| Late fee | Up to $7 per missed payment, capped at 25% of the order | Late fees apply (amount not found on page) |
| Interest | No interest on Pay in 4 | Pay in 4: no interest; longer plans may show an APR (Afterpay's example: 36%) |
| Credit check | not found | not found |
| Credit reporting | not found | not found |
Sources: Klarna Pay in 4 page (checked 2026-10-12) · Afterpay page (checked 2026-10-12)
More on Klarna Pay in 4 · More on Afterpay · All buy now, pay later apps
Late fee: Klarna Pay in 4 Up to $7 per missed payment, capped at 25% of the order, Afterpay Late fees apply (amount not found on page); Interest: Klarna Pay in 4 No interest on Pay in 4, Afterpay Pay in 4: no interest; longer plans may show an APR (Afterpay's example: 36%); Credit check: Klarna Pay in 4 not found, Afterpay not found; Credit reporting: Klarna Pay in 4 not found, Afterpay not found.
Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.