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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.
Increased use of “buy now, pay later” loans may signal shifting consumer habits, but could also be a troubling sign of ...
The Swedish fintech has been trying to shift its image from “buy now, pay later” poster child to a more all-encompassing ...
While buy-now-pay-later giant Klarna gains momentum in the world’s largest economy, there are warning signs Americans are preparing to pull back on spending. The company’s credit losses rose in the ...
This National BBQ Week, Klarna’s latest shopping data reveals Brits are firing up the grill earlier than ever – purchases of ...
Hugh joined Newsweek in 2024, having worked at Alliance News Ltd where he specialised in global and regional business developments, economic news, and market trends. He graduated from the ...
And there’s no question that services like Affirm and Klarna are becoming an increasingly routine part of the consumer-spending landscape ... and a worrisome trend. Discussing his firm ...
pay later loans is reliant on consumer spending, and economists expect prices to rise on all sorts of goods. The news got worse on Friday when Affirm rival Klarna delayed its long-anticipated ...
“Delinquency trends are improving, especially in the U.S.,” the company said in the earnings release, “signaling strengthening credit performance.” Klarna’s net loss more than doubled ...