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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 ...
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Retail Insight Network on MSNRetailers turn to BNPL apps to ease cost-of-living strainFacing rising costs, UK and US retailers are turning to BNPL apps like Klarna, Afterpay, Affirm and PayPal to attract ...
Klarna reports a 17% increase in consumer credit losses in Q1 2025. BNPL usage linked to rising overdraft fees and missed payments. Federal regulators scale back enforcement of BNPL protections.
Consumers are taking out lines of credit to cover the cost of their chips, and it's getting some market experts worried, ...
By 2028, the number of users of BNPL services ... macroeconomic factors like rising unemployment in different regions. AI can also help predict the probability of defaults by detecting patterns ...
If you’re addicted to Afterpay, ZipPay, Klarna or PayPal – you’re not alone – but new laws are about to kick in which could ...
according to new data from Klarna and recent studies by LendingTree and Bankrate. While BNPL platforms promote the service as a flexible, interest-free alternative to credit cards, rising late ...
Buy now, pay later under scrutiny as Klarna reports rising defaults ...
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