Submitted by Square_Tea4916 t3_10xvqjc in dataisbeautiful
jeffinRTP t1_j7umxvq wrote
Reply to comment by ayyojosh in [OC] Affirm’s Income Statement 2022 Q3 and Q4 Visualized with a Sankey Diagram by Square_Tea4916
I use them quite often and probably 75% of mine are interest-free, making four payments once every two weeks. The ones that are not the interest rates are in line with credit cards.
TheNoidedAndroid t1_j7w9ws0 wrote
That's a great anecdote but doesn't change the fact that they make hundreds of millions off predatory loans.
jeffinRTP t1_j7wc9fj wrote
Except it shows it lost almost 600 million dollars off those loans. I'm guessing that people would be better off without whatever they used the money for.
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