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Morgan Stanley

Affirm Receives $100 Million Credit Line

October 26, 2016 credit cards , Morgan Stanley , Max Levchin , millennials and money , Affirm , credit card alternative , virtual card , different credit card , credit line , different credit line , unique credit line , $100 million credit line Natalie Rutledge

Affirm has procured a $100 million credit line from Morgan Stanley. Affirm is an alternative to credit cards that allows consumers to pay for major purchases over time. The company, which targets Millennials, uses a proprietary technology that verifies identity and assesses credit risk by using sources beyond the conventional FICO score. This allows them to

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