Affirm Investor Event Presentation Deck
$182
Allowance
December 2022
QUARTERLY CHANGE IN ALLOWANCE
$61
AFFIRM | 2023
Provision
for Losses
Beginning of Period Allowance
(+) Provision for Loan Losses
(-) Charge-offs, Net
End of Period Allowance
Loans Held for Investment
Allowance % of Loans Held for
Investment
Loan Loss Allowance Waterfall
Dollars in millions; metrics are unaudited.
$(67)
Charge-offs,
Net
Jun 30, 2022
159
68
(72)
$155
$2,504
6.2%
$176
Allowance
March 2023
QUARTER ENDING
Sep 30, 2022
155
62
(64)
$153
$2,682
5.7%
$159
Allowance
March 2022
Dec 31, 2022
153
103
(74)
$182
$3,656
5.0%
LAST 12 MONTHS CHANGE IN ALLOWANCE
$294
Provision
for Losses
March 31, 2023
182
61
(67)
$176
$3,776
4.7%
$(278)
Charge-offs,
Net
$176
$3,776
4.7%
Allowance
March 2023
12 MONTHS ENDING
March 31, 2023
159
294
(278)
$176
affirm
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