Affirm brings third 2020 ABS as lender plots new growth

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By Jennifer Kang
07 Oct 2020

Point of sale lender Affirm is returning with its third securitization of the year, becoming a more frequent securitization issuer as it enjoys steady growth and more attention from investors.

With point of sale lending (PoS), consumers take out small loans when purchasing a product at checkout. Borrowers pay off the debt in fixed monthly payments, along with any other service or prepayment fees that sometimes accompany the loans.

Affirm provides this service for customers shopping at big brands ...

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