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Home » Affirm Soars After ‘Buy Now, Pay Later’ Provider’s Interest Rate Turnabout

Affirm Soars After ‘Buy Now, Pay Later’ Provider’s Interest Rate Turnabout

    Shares of the buy-now-pay-later provider were soaring Friday after its Thursday earnings report, up nearly 30%. Right now Affirm is enjoying a bit of everything: The 30-day-plus delinquency rate on its core portfolio dropped 0.3 percentage points from the prior quarter, yet tighter underwriting and higher rates don’t seem to be slowing volume either.

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