News

The U.K.'s Financial Conduct Authority announced new rules for installment-based financial services providers this week.
Depending on how much you borrow and the length of your repayment term, your monthly loan payment could be higher than the minimum payment on a credit card, for example. If you’ll struggle to ...
While buy-now-pay-later giant Klarna gains momentum in the world’s largest economy, there are warning signs Americans are ...
Households owe a record $18.2 trillion in various forms of debt. Many are trying to cut back while leaning on BNPL ...
Klarna’s consumer credit losses swelled 17% in the first quarter from the same period a year earlier, hitting $136 million. Industrywide, BNPL borrowers are increasingly falling behind on their ...
Buy now, pay later plans through companies like Affirm, Afterpay and Klarna generally let consumers split payments for ...
Still, for BNPL providers like Klarna, it’s not a bad time to be in the business. A report from Grand View Research found the U.S. BNPL market is expected to see a 26.1% annual compound growth ...
(Image: Klarna). The government is clamping down on the “wild west” of buy now, pay later (BNPL) but this could spark trouble for industry veterans in a competitive sector. The Treasury is set ...