News

As BNPL giant Klarna signs on more customers, more could struggle to repay loans in a slowing economy
While buy-now-pay-later giant Klarna gains momentum in the world’s largest economy, there are warning signs Americans are ...
Buy now, pay never? Some Klarna users struggle to repay loans as U.S. consumer debt rises
Households owe a record $18.2 trillion in various forms of debt. Many are trying to cut back while leaning on BNPL ...
Klarna's losses double as more buy now, pay later customers struggle with loans
Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a ...
Finance & Commerce7d
Defaults rise as ‘buy now, pay later’ users struggle to repay loans
Younger, financially vulnerable shoppers most likely to use BNPL plans. NEW YORK — More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender ...
Why are more shoppers struggling to repay ‘buy now, pay later’ loans?
NEW YORK (AP) — More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender ...
Yahoo Finance11d
As BNPL giant Klarna signs on more customers, more could struggle to repay loans in a slowing economy
The company’s credit losses rose in the most recent quarter, but a spokesman said it was due to more loan origination, not consumer sentiment. Klarna’s push into the U.S is helping drive ...
Altoona Mirror9d
Why more people struggle to repay ‘buy now, pay later’ loans
NEW YORK — More Klarna customers are having ... moves to collect on federal student loans. Shoppers who opt to finance purchases through BNPL services tend to be younger than the average ...
Boston Herald11d
Why are more shoppers struggling to repay ‘buy now, pay later’ loans?
The six largest BNPL providers — Affirm, Afterpay, Klarna, PayPal, Sezzle, and Zip — originated about 277.3 million loans for $33.8 billion in merchandise in 2022, or an amount equal to about ...