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Buy now, pay later under scrutiny as Klarna reports rising defaults
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high.
Klarna's Downside: Buy Now, Pay Later Users Overspend And Miss Payments
Buy now, pay later provider Klarna took another step toward a U.S. listing last week, reporting progress on its transition ...
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 ...
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 ...
Buy now, pay later usage for groceries nearly doubles as consumers struggle with food costs
A new report highlights a rise in buy now, pay later services for groceries, indicating financial strain among some ...
More Americans using ‘Buy Now, Pay Later’ loans to buy groceries, study finds
More Americans are turning to "Buy Now, Pay Later" for groceries, but many struggle with late payments. SACRAMENTO, Calif. — ...
Wall Street Breakfast Podcast: Texas Puts Snacks On Notice
Texas could soon mandate warning labels on Doritos, Gatorade. AMC to show more ads in theaters before the movie. Klarna ...
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 said this week. The disclosure corresponded with reports by lending platforms ...
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Klarna's Downside: Buy Now, Pay Later Users Overspend And Miss Payments
Klarna reported a 13% revenue increase to ... across all income levels," which is surprising, given the greater financial struggles of the lower classes. The survey highlights a consumer base ...