ABOUT THIS EPISODE
Almost 40 percent of American households have some kind of credit card debt. A startup called Affirm wants to provide an alternative. It partners with stores to offer loans for when you make a big purchase, like a mattress or a bike. Affirm was started by PayPal co-founder Max Levchin. Marketplace Tech host Molly Wood talks with him about the project and his own early borrowing mistakes.
Podcast: Play in new window | Download