Part of the topic: 🐷 Saving, loans & retirement
Klarna, PayPal & co.: new buy-now-pay-later rules from 20 November 2026
Just before Black Friday, new consumer-credit rules apply in Germany. The law implementing the EU Consumer Credit Directive was passed by the Bundestag on 17 April 2026, approved by the Bundesrat on 8 May 2026 and applies from 20 November 2026. Buy-now-pay-later offers and small loans are covered for the first time.
1. BNPL and small loans become regular consumer credit
Buy-now-pay-later, interest-free and fee-free credit as well as small loans of up to €200 and terms of up to three months now fall under consumer-credit law.
2. Providers must check your creditworthiness
Before granting a deferral or instalment plan, the provider must assess whether you can repay it – including other BNPL debts. Expect more 'declined' messages at checkout.
3. More information before you buy
Providers must explain costs and risks clearly. Read the effective annual rate, the term and any fees before you confirm.
4. Simple invoice purchases stay largely unaffected
Paying on invoice directly to the shop, without fees and with a short payment term, is generally not treated as credit.
5. Check what 0% really costs
A 0% offer is only free if the cash price is the same. If you would get a discount for paying at once, the instalment plan has a real interest rate – our calculator shows it.
6. Keep track of all instalments
Several small BNPL plans add up quickly. Write every instalment into your monthly budget and avoid paying one plan with another.
Tip: set a reminder for each due date – late fees and collection costs make cheap purchases expensive.
Calculate your instalment plan →