CI1 General discussion, page-1475

hey Coastt

ok I might have gone little far from the truth with the Bugatti watch but that’s my standard lol. But the post above the Bugatti, several BNPL companies do operate similarly, like UPSTART, AFFIRM etc selling debts to institutions slightly different to us but I think we are in a better position than many, if what I said was to be true. Currently roomers have it that institutions are pulling back from purchasing debts by these companies as interest rates are rising, which in turn leaves these companies in precarious position and high volume of debt. Imo

not professional DYOR