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Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high.
Facing rising costs, UK and US retailers are turning to BNPL apps like Klarna, Afterpay, Affirm and PayPal to attract ...
Consumers are taking out lines of credit to cover the cost of their chips, and it's getting some market experts worried, writes Adam Maguire.
While buy-now-pay-later giant Klarna gains momentum in the world’s largest economy, there are warning signs Americans are preparing to pull back on spending. The company’s credit losses rose in the ...
Klarna reports a 17% increase in consumer credit losses in Q1 2025. BNPL usage linked to rising overdraft fees and missed payments. Federal regulators scale back enforcement of BNPL protections.
NEW YORK (AP) — More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The disclosure corresponded with reports by lending platforms ...
Affirm Holdings (NASDAQ:AFRM) took a 9.5% hit at 9.31am today after Klarna filed for its U.S. IPO, ramping up the pressure in the already competitive buy now, pay later (BNPL) space. Klarna's ...
Usage of BNPL services surged during the pandemic, helping drive an online shopping boom. The pact with DoorDash marks a "milestone in Klarna's expansion into everyday spending categories," David ...
Buy now/pay later interest has picked up steam in recent years as more consumers become attracted to short-term installment lending to finance a variety of everyday purchases, and Swedish BNPL giant ...
Klarna says consumer credit losses rose 17% year over year as more BNPL users miss payments. Reports from Bankrate and LendingTree show late payments are growing across the BNPL sector.