I wonder what the reaction here would have been if Klarna had independently announced this program, instead of the current version which is Apple branded with a tiny “run by Klarna” in the footer.
Seeing as Apple is sunsetting a program that is far superior as a consumer, the two are not unrelated.
I do not speak for anyone else, but whenever I encounter a phrase resembling "an entirely new payment option that we think you’ll love" I stop reading and throw the whole thing in the cognitive trash.