Affirm gets boost from New York Life with $750 million loan deal
1. Affirm partners with New York Life for $750 million loan purchase. 2. This deal supports Affirm's annual loan volume of $1.75 billion. 3. New York Life's investment totals nearly $2 billion in Affirm's loans. 4. Industry trend shows more financial giants entering consumer lending. 5. Affirm maintains strong credit performance with over 90% repeat borrowers.