📢 BREAKING - BNPL Giant @Affirm is partnering with @getesusu to offer rent payments. The new program will allow renters to split their monthly rent into two equal payments made every two weeks. ➡️The service is being offered at 0% APR with no compounding interest. ➡️Affirm stated there are no hidden or late fees associated with this specific pilot program. ➡️The program is being run in collaboration with Esusu, a fintech platform that reports on-time rent payments to credit bureaus to help renters build credit. ➡️Affirm will underwrite every application individually, only approving users for what the company believes they can "responsibly afford to repay." ➡️The program is currently in its early stages; Affirm has not yet confirmed a date for a full-scale official rollout. 🚨There is a concern that if the repayment terms aren't managed carefully, a renter could still be paying off the previous month's rent when the next month's rent becomes due. 🚨 Because these payments are typically tied to a debit card or checking account, users must ensure they have sufficient funds at the biweekly intervals to avoid overdrafts or failed payments. --- What do you think? Should renters be splitting their rent payments into buy-now-pay-later loans? 👇