Core Insights - Affirm is piloting a program to help renters split their monthly rent into two equal payments every two weeks at 0% APR, in partnership with Esusu [1][3] - The program aims to provide a flexible option for managing housing expenses, aligning payments with biweekly paychecks [3] - Affirm underwrites each application individually, ensuring that only those who can responsibly afford repayments are approved [5] Group 1: Program Details - The pilot program allows renters to make payments without hidden fees, late fees, or compounding interest [1] - Esusu assists renters in building credit by reporting on-time rent payments to major credit bureaus [2] - The official rollout date of the pilot program has not been confirmed as it is still in early stages [8] Group 2: Industry Perspectives - Analysts suggest that this program could be beneficial for those on tight budgets, but caution that it is too early for a definitive assessment [8] - Concerns have been raised about the potential risks associated with "buy now, pay later" (BNPL) services, particularly if consumers manage multiple loans simultaneously [11] - The payment method is linked to a debit card or checking account, emphasizing the importance of having sufficient funds to cover payments [12]