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Defaults rise as ‘buy now, pay later’ users struggle to repay loans The Associated Press // May 26, 2025 // People shop for shoes in a Nike store on Nov. 25, 2022, in New York.
*Klarna continued to count more losses as its consumers failed to repay loans. In its first quarter, the Swedish “buy now, pay later” lender has taken home a double net loss. This outcome has ...
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. Advertisement ...
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high. Here’s what’s behind the trend and what it means for financial health.
A company spokesperson said in a statement that the increase largely reflected the higher number of loans Klarna made year over year. The percentage of its loans at a global level that went unpaid in ...
The Swede added that because Klarna customers’ average indebtedness was £100, they were more likely to pay back their loans compared with typical credit card debt of what he said was £5,000.
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high. Here’s what’s behind the trend and what it means for financial health.
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