If you wish to take advantage of Outlier’s payment plans through our partner, Klarna, you are required to complete a credit check. However, the type of payment plan you select will determine the type of credit check.
Klarna’s Pay in 4 program:
A soft credit check is completed. This type of credit check is not reported to the credit bureaus and does not affect your credit score.
Klarna’s 6, 12, or 18-month financing programs:
A hard credit check is performed, which is reported to the credit bureaus and will appear as an inquiry on your credit report. Monthly financing through Klarna is issued by WebBank, member FDIC.
For more information about Klarna we recommend you visit their Customer Support page.
Klarna is currently available to US customers only. We hope to be able to offer additional options for our international students in the near future!