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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.
Klarna continued to count more losses as its consumers failed to repay loans. In its first quarter, the Swedish “buy now, pay ...
On Reddit, Klarna customers discussed why they haven’t repaid their “buy now, pay later” loans. Many said their defaulted loans haven’t been reported to the credit bureaus. “They just ...
The Swedish fintech has been trying to shift its image from “buy now, pay later” poster child to a more all-encompassing ...
Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a year earlier.
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 ...
Consumers are failing to make payments on their short-term loans. While Klarna, a significant player in the buy now, pay later (BNPL) space, reported that its user base continued to grow in the ...
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