Affirm Exploring Subscription To Guarantee 0% APR On Purchases; Affirm Service Would Also Boost Rates On Savings Accounts
Portfolio Pulse from Happy Mohamed
Affirm is reportedly exploring a subscription service that would guarantee 0% APR on purchases, according to Bloomberg. The service would also boost rates on savings accounts.
September 21, 2023 | 4:22 pm
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POSITIVE IMPACT
Affirm's potential subscription service could attract more customers, leading to increased revenues and potentially a positive impact on its stock price.
The introduction of a subscription service offering 0% APR on purchases and higher savings rates could make Affirm's products more attractive to consumers. This could lead to an increase in the number of customers and, consequently, revenues. This potential increase in revenues could have a positive impact on Affirm's stock price.
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IMPORTANCE 75
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