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News Wire / economy

TikTok Trend Highlights Teenager Debt Levels

Inforadio RBB Berlin 16d16d Impact 3

A social media trend on TikTok, using the hashtag #klar_na_schulden, shows users comparing their debt levels. Many participants in the trend are teenagers reporting debts in the single-digit thousands. The trend also includes influencers who participate by sharing their own debt amounts. Debt levels are being driven by influencers and teenagers using 'Buy Now Pay Later' services, with some facing collection amounts in the single-digit thousands of euros. Influencers are reportedly participating in 'Buy Now Pay Later' trends that lead to debt, sometimes reaching thousands of euros. Failure to pay these invoices results in recorded credit score damage through the updated German credit assessment system. Payment service providers report defaults to Schufa, potentially impacting credit scores for users of 'Buy Now Pay Later' services.

A social media trend on TikTok, using the hashtag #klar_na_schulden, shows users comparing their debt levels. Many participants in the trend are teenagers reporting debts in the single-digit thousands. The trend also includes influencers who participate by sharing their own debt amounts. Debt levels are being driven by influencers and teenagers using 'Buy Now Pay Later' services, with some facing collection amounts in the single-digit thousands of euros. Influencers are reportedly participating in 'Buy Now Pay Later' trends that lead to debt, sometimes reaching thousands of euros. Failure to pay these invoices results in recorded credit score damage through the updated German credit assessment system. Payment service providers report defaults to Schufa, potentially impacting credit scores for users of 'Buy Now Pay Later' services. While the principle itself does not impact credit scores, failure to pay does.

Topics

social media debt youth

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Sources · 7 independent

Inforadio RBB

“Es gibt bei TikTok einen Trend, der heißt Hashtag klar na Schulden. Da vergleichen Nutzerinnen die Höhe ihrer Schulden bei klar na. Das sind ganz oft Teenager”

BR24

“Und manche haben sogar noch mehr Schulden und das sind auch nicht nur ahnungslose Teenies, sondern auch Influencer machen damit.”

BR24

“Not just clueless teens, but even influencers are doing it and begging for help when they have small debts. And then the whole thing might have consequences again.”

NDR Info

“Wenn ich das benutze, aber wenn ich immer wieder Rechnung nicht bezahle, wenn ich dann in Kassopost bekomme, dann riskiere ich eben trotzdem Einträge, dann kriegt auch die Schufa davon was mit.”

WDR 5

“Nicht nur anusslose Teenies, sondern auch Influencer machen damit und betteln sich, wer die Hüse im Kleiner schulden hat. Naja und dann hat das Ganze vielleicht doch wieder Auswirkungen.”

MDR Aktuell

“Wir haben zwar erst gesagt, so dieses By Now Pay Later Prinzip an sich hat erst mal keine Auswirkungen auf den Schuferscore. Wenn ich das benutze, aber wenn ich immer wieder Rechnung nicht bezahle... riskiere ich eben trotzdem Einträge”

hr-iNFO

“Nicht nur anusslose Teenies, sondern auch Influencer machen damit... Wenn ich immer wieder Rechnung nicht bezahle, wenn ich dann in Kassopost bekomme, dann riskiere ich eben trotzdem Einträge”

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