user
KYHBKO
06-02

Affirm, Klarna and BNPL need to understand that the reasons why people need BNPL are the same reasons why we should not offer them.

It is a matter of time when they crash into a debt wall.

https://www.forbes.com/sites/petercohan/2025/05/31/affirm-stock-down-as-klarnas-buy-now-pay-later-credit-loss-rises-17/

$Affirm Holdings, Inc.(AFRM)$  

NY Fed: Rising Debt Burdens and Delinquency Rates
According to the New York Federal Reserve, data suggests that rising debt burdens are manageable. However, as of Q3, 3.5% of debt is in some type of delinquency, compared to 3.2% in Q2. Aggregate debt delinquency rates have increased in Q3. On a positive note, the growth in incomes has outstripped the rise in household debt.
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