Home › Borrow › Buy now, pay later apps › Klarna Pay in 4 vs PayPal Pay in 4
Both let you split purchases. Here's how Klarna Pay in 4 and PayPal Pay in 4 compare on late fees, interest and credit reporting.
| Klarna Pay in 4 | PayPal Pay in 4 | |
|---|---|---|
| Late fee | Up to $7 per missed payment, capped at 25% of the order | not found |
| Interest | No interest on Pay in 4 | not found |
| Credit check | not found | Applying doesn't affect your credit score (per PayPal) |
| Credit reporting | not found | not found |
Sources: Klarna Pay in 4 page (checked 2026-10-12) · PayPal Pay in 4 page (checked 2026-10-12)
More on Klarna Pay in 4 · More on PayPal Pay in 4 · All buy now, pay later apps
Late fee: Klarna Pay in 4 Up to $7 per missed payment, capped at 25% of the order, PayPal Pay in 4 not found; Interest: Klarna Pay in 4 No interest on Pay in 4, PayPal Pay in 4 not found; Credit check: Klarna Pay in 4 not found, PayPal Pay in 4 Applying doesn't affect your credit score (per PayPal); Credit reporting: Klarna Pay in 4 not found, PayPal Pay in 4 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.