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Ticketmaster Missed Payment – Here’s What To Do 2022

Ticketmaster Missed Payments

For free and impartial money advice and guidance, visit MoneyHelper, to help you make the most of your money.

Do you have a Ticketmaster missed payment? If you do, this post will help you understand how the company deals with them. You can book tickets through their deposit scheme or you could opt to pay for them in instalments through a payment plan.

I explain what you should do when you miss a payment, whichever option you choose. In addition, I cover the consequences of defaulting on your ticket payment and what you should do to avoid this.

Read on for more info on what happens when you have a Ticketmaster missed payment.

Don’t worry, here’s what to do!

There are several debt solutions in the UK that can be used to improve your finances. Choosing the right way to tackle your debt could save you time and money, but the wrong one could cause even more harm

It’s always best to find out about all your options from a professional before you take action.

Fill out the 5 step form to get started. 

A little info about Ticketmaster

Ticketmaster is the largest ticket marketplace in the world. Their headquarters are in Los Angeles. The company partnered with Klarna and offers interest-free credit when using its services.

Although ranked as a global player in the ticket marketplace, the company has a low consumer rating on several online review websites.

Ticketmaster and the Klarna connection

Since Ticketmaster partnered with Klarna, you can buy tickets from the company using an interest-free payment plan. In addition, you get to choose whether to pay over 3, 6, or 9 months. It’s a buy now pay later deal.

As with many BNPL schemes, it’s easy to get into debt, and many people have. In short, if you missed a Ticketmaster payment, you’re probably not alone!

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So, who is Klarna?

Klarna is one of the largest European banks. They provide what they refer to as ‘payment solutions’ to millions of consumers in 14 countries!

You must meet specific criteria when buying your tickets from Ticketmaster using the Pay in 3 option.

This is based on Klarna rules as follows:

  • You have to be over 18
  • Have a valid credit or debit card
  • That you have enough money/credit available to pay instalments

You enter into a short-term credit agreement when you pay for tickets this way. Also, whether you’ll be accepted is not Ticketmaster’s decision, but Klarnas.

Don’t worry, here’s what to do!

There are several debt solutions in the UK that can be used to improve your finances. Choosing the right way to tackle your debt could save you time and money, but the wrong one could cause even more harm

It’s always best to find out about all your options from a professional before you take action.

Fill out the 5 step form to get started. 

When do Ticketmaster payment instalments come due?

You pay in three equal interest-free instalments when you choose the Pay in 3 option. The amounts are taken from the card you linked to your plan with Ticketmaster. The first payment is taken at the ‘point of purchase’. In fact, Klarna freezes the amount on your linked account and takes the money when your tickets are posted out.

You pay the second instalment 30 days later and the last instalment 30 days after that. You’ll be notified when the second and third instalments are due.

What happens when you miss a Ticketmaster payment?

You’ll be contacted when you miss a Ticketmaster payment using their ‘deposit scheme’. The company will make a second attempt asking you to provide another card which must be in your name!

Ticketmaster cancels your tickets when you can’t provide an alternative card within fourteen days of a due date. But Ticketmaster holds onto a “handling fee”. So they refund the amount you’ve already paid.  For example, you paid the first instalment but failed to pay any others.

You should get refunded the amount you originally paid within 14 days!

What if I used the Pay in 2 option?

When you miss a Ticketmaster payment, and you choose to Pay in 3. The Klarna missed payment rules apply!

Klarna will contact you when your first instalment fails. After that, they attempt to take the money from your account two times. But they will let you know when. This allows you time to add funds to an account.

If, after two attempts, Klarna still can’t get the payment, they roll the missed one over to your second instalment. Then, when you can’t pay the next time, Klarna gives you a few days to add funds to your account.

However, if the payment fails even after two attempts, the amount gets rolled over to the final (third) instalment. Klarna tries a further two times when the third instalment fails. This third instalment would include all the missed payments, so it could be a lot!

When all attempts fail, you’ll be asked to pay the total outstanding amount. Or your details could be sent to a debt collection agency! Klarna should let you know when they are!

Plus, when you default on your Ticketmaster payments when you use the Pay in 3 option, you may not be able to use any Klarna Buy Now Pay Later services!

Feeling like Chandler?

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Is all this information starting to feel overwhelming? Don’t panic! There’s plenty of help available. You can get started below.

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Will Ticketmaster let me cancel my tickets?

No, once you buy tickets with the company, you can’t cancel your purchase. Tickets are non-refundable whether you purchased them through the Klarna option or through Ticketmaster!

Will my details be sent to a debt collection agency

Yes, if you default on a Ticketmaster payment, your details could be sent to a debt collection agency. This applies whether you chose their Pay in 3 option or deposit option. A default is just that, and a debt collector could be instructed to recover the amount you owe.

My advice is to avoid this happening by staying in touch with Ticketmaster. Try to resolve the problem by paying what you owe if you can. If you can’t pay, try to negotiate a way to avoid dealing with debt collectors!

What to do when a debt collector contacts you

You should know your rights before a debt collector contacts you. Like this, you know what to say and do! There are things a debt collector can do, and there are things they cannot. This includes:

  • They can’t pretend they have any sort of legal authority
  • Make you pay more than you can afford
  • Force their way into your home

My advice is, to be honest with the debt collector. Tell them if you’re experiencing difficulties. Do not ignore any correspondence they send you. You’ll have to pay when you owe them money, but first, make sure the debt is yours!

Debt Charities can help you when you’re struggling

Contact a debt charity for free impartial advice when you struggle financially and can’t pay what you owe. The advice and support they provide can be invaluable. The charities to contact include:

Lastly,

Thanks for reading this post about a Ticketmaster missed payment. If you know you owe them money, my advice is to pay if you can. But if you can’t, then contact Ticketmaster. Do not pretend things will go away because they won’t!

Are you struggling with debt?

Affordable repayments

Reduce pressure from people you owe

Stop interest and charges from soaring

Get started

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