The Latest Breaking News from Klarna

This summer, millions of Americans are planning trips — and a growing number are using buy now, pay later services to help cover the cost. These short-term installment loans, offered by companies like Klarna and Affirm, are being used to pay for flights, hotels, cruises, and even event tickets.

Conservative political activist Charlie Kirk issued a sharp warning on the growing use of Buy Now Pay Later services among young Americans, calling the debt model “predatory” and structurally unhealthy.

In an increasingly digital world, payment apps have become the go-to method for everything from splitting dinner bills to running entire businesses. These apps promise high-end encryption, multi-factor authentication, and ironclad security—but the truth behind the headlines tells a different story.

COMMENT: They’ve exploded in popularity particularly with 25 to 34-year-olds. But do they really know what they’re getting into – and is new regulatory oversight helping them make the right decisions, asks James Moore