The document provides a GLBA-based opt-out mechanism allowing users to limit Klarna's sharing of non-public personal information with unaffiliated third parties, accessible through the Klarna app or at app.klarna.com under Settings then Privacy.
This analysis describes what Klarna's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision operationalizes Klarna's GLBA opt-out obligation as a financial institution, allowing US consumers to limit sharing of NPI with unaffiliated third parties through in-app or web-based settings without requiring physical mail or phone contact.
Interpretive note: The document does not specify which categories of NPI or which unaffiliated third parties are covered by the opt-out, nor whether any GLBA sharing exceptions apply, creating interpretive uncertainty about the full scope of the opt-out mechanism.
Addition of GLBA-specific opt-out right with detailed instructions indicates Klarna is now explicitly acknowledging US financial privacy law obligations and providing user control mechanisms.
View full change record →This provision establishes an in-app and web-accessible opt-out mechanism for limiting sharing of non-public personal information with unaffiliated third parties under GLBA. The document does not specify which categories of NPI or which unaffiliated third parties are covered by the opt-out, meaning the full scope requires review of Klarna's GLBA privacy notice.
Cross-platform context
See how other platforms handle GLBA Opt-Out for Non-Public Personal Information Sharing and similar clauses.
Compare across platforms →"You may opt out of certain types of sharing under GLBA; to limit our sharing of non-public personal information with unaffiliated third parties under Gramm-Leech-Bliley Act simply go to the Klarna app: sign in to the Klarna App, go to Settings, then "Privacy" to adjust your settings. If you don't have the Klarna App, you can go to the WebApp at app.klarna.com, then log-in, click ''Settings'', then "Privacy" to adjust your settings.Excerpt from Klarna's Privacy Policy
1) REGULATORY LANDSCAPE: GLBA requires financial institutions to provide consumers an opt-out right before sharing NPI with unaffiliated third parties and to deliver an annual privacy notice describing sharing practices.
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This provision operationalizes Klarna's GLBA opt-out obligation as a financial institution, allowing US consumers to limit sharing of NPI with unaffiliated third parties through in-app or web-based settings without requiring physical mail or phone contact.
This provision establishes an in-app and web-accessible opt-out mechanism for limiting sharing of non-public personal information with unaffiliated third parties under GLBA. The document does not specify which categories of NPI or which unaffiliated third parties are covered by the opt-out, meaning the full scope requires review of Klarna's GLBA privacy notice.
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