If you live in California and take out a loan through Klarna, the loan is made or arranged under a California state lending license, which gives you specific legal protections under California law.
As a California resident, Klarna's financing products are subject to California Financing Law oversight, meaning you can file complaints with the California Department of Financial Protection and Innovation (DFPI) in addition to federal regulators if you experience problems.
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Compare across platforms →California residents have additional consumer protection rights under the California Financing Law and the California Consumer Financial Protection Law that do not apply to consumers in other states.
(1) REGULATORY FRAMEWORK: This disclosure is required under the California Financing Law (Cal. Fin. Code §22000 et seq.) for lenders and loan brokers operating in California. NMLS #1353190 must be current and in good standing with the California DFPI. The California Consumer Financial Protection Law (Cal. Fin. Code §90001 et seq.), effective 2021, gives the DFPI broad authority to examine and enforce against unfair, deceptive, or abusive acts in consumer financial services, applying to Klarna's California operations. (2)
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