News

Eat Now, Pay Later: The Growing Popularity of Financing Groceries and If That's a Good Idea
The use of BNPL services to pay for groceries is growing, and it can help cover shortfalls, but there are many risks to watch out for.
Why 'Buy Now Pay Later' could be wrecking your financial future
More buy now pay later users are missing payments. Experts warn this could blow up your future finances. What to know.
As more customers default on BNPL loans, Klarna’s CEO predicts AI will cause a recession
The Swede added that because Klarna customers’ average indebtedness was £100, they were more likely to pay back their loans ...
RTÉ Ireland4d
Borrow-ito: Concern as consumers take on debt for a takeaway
Consumers are taking out lines of credit to cover the cost of their chips, and it's getting some market experts worried, ...
How widespread — and worrisome — is the BNPL phenomenon?
Morgan Stanley’s analysts note that there does seem to be an increasing willingness — or need — to use BNPL for smaller everyday items like food. About 30 per cent of survey respondents that reported ...
Has Klarna’s buy now, pay later bubble burst?
Buy now, pay later services have exploded in the last decade and industry titan Klarna has spearheaded growth. The global ...
Buy now, pay later under scrutiny as Klarna reports rising defaults
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high.
Retailers turn to BNPL apps to ease cost-of-living strain
Facing rising costs, UK and US retailers are turning to BNPL apps like Klarna, Afterpay, Affirm and PayPal to attract ...
Townsville Bulletin9d
Buy now, pay later boom: Aussies’ credit scores, financial futures at risk as overspending surges
If you’re addicted to Afterpay, ZipPay, Klarna or PayPal – you’re not alone – but new laws are about to kick in which could ...
How American consumers are feeling the squeeze, in 4 charts
The lingering effects of high inflation coupled with high interest rates have made it harder in recent years for many Americans to get ahead.
Affirm Stock Down As Klarna’s Buy Now, Pay Later Credit Loss Rises 17%
Affirm Holdings stock is down 17% this year but Wall Street thinks it has 29% upside. As the economy weakens, will consumers stop repaying Affirm's easy money?