Haven’t read the prospectus but I know they sell loans to investors and they are... | Hacker News

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		xoxoy on Nov 18, 2020 \| parent \| context \| favorite \| on: Affirm Public S-1 Filing Haven’t read the prospectus but I know they sell loans to investors and they are fairly highly rated from a credit perspective. I’m sure they have some debt on their books too though.

wholien on Nov 18, 2020 [–]

some debt, but that is mostly for experimentation purposes. Most everything goes into different debt facilities or are securitized and sold

formercoder on Nov 19, 2020 | | [–]

No one would buy the debt if they didn’t hold on to any.

xoxoy on Nov 19, 2020 | | [–]

sounds about right.

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