Affirm Holdings (NASDAQ: AFRM) is a different type of credit company. Instead of using complicated interest rate structures and minimum payments that barely make a dent in the principal balance, Affirm allows consumers to spread their purchases into a set number of installment payments quickly and easily.
In this Fool Live video clip recorded on Jan. 25, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser spoke about this recent fintech IPO and what investors need to know about it.
Source Fool.com