This lower-interest alternative to a credit card splits up purchases into equal payments over time, but it has downsides.
Software-driven lender adds an insurer’s $750 million commitment after striking deals with Sixth Street and Prudential ...
Interest rates for Affirm loans can range from 0% to 30%, which is greater than the highest APR on most credit cards. 43% of loans taken out at Affirm have a 0% APR, according to the company.
The Affirm card is “unique,” he said, although he provided few specifics. “It's a bit innovative relative to how other debit cards, or even credit cards work,” O’Hare said.
Buy Now, Pay Later (BNPL) firm Affirm Holdings (NASDAQ:AFRM) will avail $750 million in funding from Liberty Mutual ...
William Blair analyst Andrew Jeffrey initiated coverage of both SoFi Technologies (SOFI) and Affirm (AFRM) with Outperform ratings. The firm ...
The new financing is expected to help Affirm meet its 2025 lending target of over $34 billion, a 25% increase from the ...
Affirm Holdings AFRM-1.81%decrease ... and predict how much debt borrowers can reliably repay. Unlike credit-card lenders, it doesn’t charge late fees.