Both Klarna's monthly financing loans and the Klarna Card are legally issued by WebBank, a Utah-chartered bank — Klarna itself is not the lender or card issuer, which affects your legal rights and which entity is responsible for your credit account.
Your financing loan and Klarna Card are issued by WebBank, not Klarna — this means your primary contractual relationship for credit is with a bank you may not have knowingly chosen, and disputes must ultimately be directed to or through WebBank's regulatory framework.
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Compare across platforms →Because WebBank is the legal lender and card issuer, federal banking laws and WebBank's Utah charter terms govern your credit agreement, and some state consumer protection laws may be preempted, limiting your local legal remedies.
(1) REGULATORY FRAMEWORK: WebBank is an FDIC-insured, Utah state-chartered industrial bank supervised by the Utah Department of Financial Institutions and the FDIC. As originating lender, WebBank's issuance of consumer credit products triggers TILA/Regulation Z (12 CFR Part 1026), ECOA/Regulation B (12 CFR Part 1002), and Fair Credit Reporting Act (15 U.S.C. §1681) compliance obligations. The Visa license for the Klarna Card additionally implicates Visa Operating Rules and PCI-DSS compliance requirements. (2)
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