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doubling revenue while keeping losses stable is pretty good, especially when we’re talking about consumer credit

• JumpCrisscross 6y ago
  Does Affirm carry the credit risk on its books?
  • xoxoy 6y ago
    Haven’t read the prospectus but I know they sell loans to investors and they are fairly highly rated from a credit perspective. I’m sure they have some debt on their books too though.
    • wholien 6y ago
      some debt, but that is mostly for experimentation purposes. Most everything goes into different debt facilities or are securitized and sold
      • xoxoy 6y ago
        sounds about right.
      • formercoder 6y ago
        No one would buy the debt if they didn’t hold on to any.
  • deleted 6y ago
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• deleted 6y ago
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