Affirm, run by PayPal co-founder Max Levchin, appears as a payment option during the checkout process of online merchants, and allows consumers to buy goods immediately and pay for them in monthly installments. Expedia, in addition to its namesake travel site, also owns Orbitz, Hotels.com, Travelocity, Hotwire and HomeAway. The additions mark Affirm’s entry into the travel and ticketing markets, although the company’s service on Expedia is currently limited to hotel bookings, not flights or vacation packages. Affirm was founded in 2012 and offers consumers, especially young ones, an alternative to credit cards and traditional bank loans. Interest rates on its loans — often approved instantly — can range from 10% to 30%, it says online, while they vary for purchases at online merchants. The company says it doesn’t charge “late fees, service fees, prepayment fees, or any other hidden fees.” Get the full story at BuzzFeed