NasdaqGS:AFRMDiversified Financial
Are Rising Credit Concerns Recasting Affirm (AFRM)’s Funding Model As A Competitive Vulnerability?
Recently, analysts warned that Affirm Holdings could be vulnerable as higher borrowing costs and rising default rates put extra pressure on lenders focused on subprime and near-prime consumers.
The concern centers on Affirm’s lack of the scale and funding advantages enjoyed by major banks, which may leave it more exposed if consumer credit quality weakens further.
We’ll now explore how mounting worries about credit losses and borrowing costs could affect Affirm’s previously optimistic...