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Affirm Expands Credit Reporting with Experian to Include All Pay-Over-Time Products

1. Affirm is expanding credit reporting to Experian by April 2025. 2. This will enhance transparency in responsible lending for consumers.

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FAQ

Why Bullish?

This strategic expansion may enhance Affirm's market position and consumer trust, similar to past initiatives that improved customer loyalty and growth metrics.

How important is it?

The move to report to Experian may lead to better credit access for customers, enhancing Affirm's growth potential and market share.

Why Long Term?

The implications of better credit reporting will develop over time, improving customer relationships and potentially boosting revenue in the future.

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CZRSOFI
SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced it is expanding its credit reporting to Experian® to include all of Affirm's pay-over-time products beginning April 1, 2025. By furnishing information about all of its pay-over-time transactions to Experian, Affirm is helping to drive greater transparency and responsible lending. The industry-leading move will enable consumers and le.

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