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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.
The Swede added that because Klarna customers’ average indebtedness was £100, they were more likely to pay back their loans ...
Klarna‘s consumer credit losses ... have expressed concern about the rollback of BNPL regulation as the use of the loans continues to rise. “By taking a head-in-the-sand approach to the ...
Klarna, a financial service best known for its buy now, pay later app, announced on Tuesday it's launching a new debit card with BNPL features. The new debit card lets people load funds onto the ...
This new debit card will make it easy to select an interest-free BNPL plan at checkout, but there are fees to watch for.
Klarna reports a 17% increase in consumer credit ... watchdog organizations have expressed concern about the rollback of BNPL regulation as the use of the loans continues to rise. “By taking a head-in ...
Klarna's losses double even as buy now, pay later services grow in popularity. Experts have warned that these services can be ...
Klarna says consumer ... it also acknowledged a rise in the global percentage of unpaid loans, from 0.51% to 0.54%. An April LendingTree survey found that 4 in 10 BNPL users made at least one ...
Buy now, pay later under scrutiny as Klarna reports rising defaults ...