The six largest BNPL companies — Affirm, Afterpay, Klarna, PayPal, Sezzle, and Zip — issued more than 277 million loans in 2022, totaling nearly $34 billion in merchandise sales, according to ...

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.