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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.
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.
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.
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CNET on MSNKlarna's New BNPL Debit Card Provides Quick Access to Financing Plans. Is It Better Than a Credit Card?The new card makes it easy to use a buy now, pay later plan, but you can get its paid features for free elsewhere.
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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 ...
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