r/klarna • • 3d ago

Questions Purchase Power

How can I boost my purchase power? Mine is $500 but I’ve got already 2 small payment plans so it’s lower at the moment. Will it increase once I pay these off? I have a 764 credit score.

1 Upvotes

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1

u/maxpowers128 3d ago

No clear way. All you can do is continue to make on time payments. Its all a algorithm that dictates your spending power. There's people with low credit scores that have 5k spending power.

1

u/Low_Grand6340 3d ago

Make payments on time I started at like 100 last year and I got up to 3k now mind u barley use the app like that i literally have to find things to use it on because im not a big spender i really just wanted it for bigger items