3min chapter

How I Built This with Guy Raz cover image

Affirm: Max Levchin (Part 2 of 2)

How I Built This with Guy Raz

CHAPTER

How Do We Solve This Problem?

The most common way to borrow money in america is a credit card. But millennial generations are starting to actively ask the question, is this the way? The short answer is, there's no short answer. So we stripped out all the payday lending, like yuck, from payments. And then i know that after six payments, or 12 payments, or 18 payments, whatever the good number is for me, i am done. You can revolve more or less in perpetuity.

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