Cross River might originate your loan, but AFAIK this is basically just a workaround for regulation on loan origination. Affirm just buys the loans back from Cr

Cross River might originate your loan, but AFAIK this is basically just a workaround for regulation on loan origination. Affirm just buys the loans back from Cross River once they have been funded, so they bear the credit risk. (It sounds like it’s more complex than this, but I doubt Cross River has significant exposure to Affirm loans.)