Affirm's Delinquency Rates Tick Up -- Market Talk
Dow Jones2026/11/05 22:101709 ET - Affirm's delinquency rates ticked up in its most recent quarter, which could be a warning signal to investors. The company says delinquencies of 30 or more days, excluding Peloton and Pay-in-X loans, increased 0.09% year-over-year. The metric was up 0.35% quarter-over-quarter. Investors pay close attention to delinquencies because the metric indicates when consumers are struggling to keep up with debt in a timely manner. That is a particular concern for buy now, pay later companies, which have garnered criticism for frictionless lending that could lead to borrowers overextending themselves. Shares are down 11% after hours, despite Affirm logging higher revenue and profit. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
November 05, 2026 17:10 ET (22:10 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Honda Motor (HMC.US) Reports 65.7% Increase in Net Profit in the First Half, Plans to Expand Production Capacity in North America and Brazil
Honda Motor (HMC.US) released its financial results for the first half of fiscal year 2027 on November 10.
Crypto winter not over? Mining rig hosting provider Bitari cancels orders at the last minute, IPO plans put on hold
Bitcoin mining service provider Bitari has withdrawn its Nasdaq IPO plan. The company originally intended to issue 4.3 million shares at $7 per share to raise $30 million. Its annual revenue is approximately $11 million.
Pre-orders for GTA 6 are booming and may reverse the downward trend! Citigroup raises Take-Two Interactive Software (TTWO.US) target to $270
Citigroup maintains a "Buy" rating on Take-Two Interactive Software, with a target price of $270.
Crypto prices
More
