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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.
Klarna CEO Warns AI Could Trigger Recession and Mass Job Losses
The CEO of Klarna warns AI could lead to a global recession & mass job losses, especially in white-collar roles.
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 becoming increasingly common, and it can help cover shortfalls, but there are many risks consumers need to watch out for.
Has Klarna’s buy now, pay later bubble burst?
Klarna had a bruising start to the year as losses widened and with its IPO stalling, questions are being raised about the ...
More Americans are turning to "buy now, pay later" loans to purchase groceries
Roughly a quarter of consumers use "buy now, pay later" loans for ordinary expenses like groceries. That's worrisome, a ...
FOX 5 Atlanta6d
Buy now, pay later under scrutiny as Klarna reports rising defaults
The timing coincides with broader economic challenges — U.S. consumer ... The six largest BNPL companies — Affirm, Afterpay, Klarna, PayPal, Sezzle, and Zip — issued more than 277 million ...
5 things Long Island shoppers should know before they 'buy now, pay later'
Complaints filed by New York State residents with the Consumer Financial Protection Bureau over the past three years include ...
City A.M.6d
Has Klarna’s buy now, pay later bubble burst?
The firm cited economic challenges, such as inflation ... A spokesperson for Klarna said: “Interest-free BNPL is an important alternative to high-cost credit for millions of Brits and we ...