Affirm Stock Down As Klarna's Buy Now, Pay Later Credit Loss Rises 17%
1. Affirm stock down 17% in 2025, lowering growth forecast worsens outlook. 2. Default rates for Buy Now, Pay Later loans are on the rise. 3. Q3 revenue met expectations, but Q4 guidance fell short. 4. Affirm's partnerships drove significant GMV growth and customer base expansion. 5. Economic contraction may lead to higher default risk in BNPL space.