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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.
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.
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.
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 ...
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Retail Insight Network on MSNRetailers turn to BNPL apps to ease cost-of-living strainFacing rising costs, UK and US retailers are turning to BNPL apps like Klarna, Afterpay, Affirm and PayPal to attract ...
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 ...
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 ...
That makes Klarna's deal to provide BNPL to JPMorgan Chase's merchant network a major score ahead of the Swedish firm's initial public offering in the U.S. The bank will offer Klarna's installment ...
Apple Pay will now include Klarna as an option at checkout. The addition of the buy now, pay later (BNPL) service comes just months after Apple shut down Pay Later, its own BNPL service launched ...
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