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"Specialist small business finance providers, or wholesale trade suppliers, currently offer this but are likely to withdraw such flexible repayment ... struggles, the market for BNPL providers ...
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 ...
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high.
While buy-now-pay-later giant Klarna gains momentum in the world’s largest economy, there are warning signs Americans are ...
In brief: The danger faced by buy now, pay later companies is when customers don't adhere to the "pay later" part. It's a problem being faced by industry giant Klarna, which saw its net losses ...
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 ...
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 ...
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 ...
NEW YORK — 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 ...