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Some analysts see the late or missed installments as a sign of faltering financial health among a segment of the U.S.
Mr. Funk was the managing editor of Pleroma Media, and worked as a breaking news reporter at The Messenger after spending 25 ...
Pay Later lenders tout predictable payments and zero interest on purchases for those who don’t want to — or can’t — use a ...
A growing number of consumers are falling behind on Buy Now, Pay Later (BNPL) payments, raising concerns about the financial ...
But the urge to find out where the economy is heading before definitive findings is a powerful one. Retail sales, commentary from big box companies, and debt loads all contribute to an understanding ...
Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a ...
They’re finding BNPL a more flexible and simple way to stretch ... Popular services, like Klarna, Affirm, and Afterpay, largely advertise consumers the ability to slice up their purchase via ...
They’re borrowing money to buy milk. Of BNPL users, 25% say they’ve used the loans for groceries, up from 14% a year ago, according to a LendingTree survey. More stores and services are ...
Some find this concerning because the users of this payment method tend to be less economically secure – in fact, the CFPB found in 2022 that about two-thirds of BNPL users have subprime or deep ...
A year after claiming that its AI chatbot could do the work of 700 representatives, Klarna is turning back to people to handle more of its customer service work. The buy now, pay later firm now ...