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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 ...
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.
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