More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The ...

Mr. Funk was the managing editor of Pleroma Media, and worked as a breaking news reporter at The Messenger after spending 25 ...

Pay Later lenders tout predictable payments and zero interest on purchases for those who don’t want to — or can’t — use a ...

A growing number of consumers are falling behind on Buy Now, Pay Later (BNPL) payments, raising concerns about the financial ...

But the urge to find out where the economy is heading before definitive findings is a powerful one. Retail sales, commentary from big box companies, and debt loads all contribute to an understanding ...

Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a ...

Monthly payments may charge up to 36% APR. Affirm is a standout BNPL provider, thanks to numerous term lengths to choose from, zero fees and no-interest offers. Doesn’t pause account after ...

Klarna looks favorably on applicants who show positive credit history with the company, meaning they don’t miss or delay payments. One of the best ways to get approved for a BNPL loan is to show ...

They’re borrowing money to buy milk. Of BNPL users, 25% say they’ve used the loans for groceries, up from 14% a year ago, according to a LendingTree survey. More stores and services are ...

Some find this concerning because the users of this payment method tend to be less economically secure – in fact, the CFPB found in 2022 that about two-thirds of BNPL users have subprime or deep ...