Wayfair Partnership Adds Financing Option

Wayfair Inc. has partnered with financial services company Affirm to provide a new financing option that will allow customers to make their home furnishings purchases using monthly payments. Wayfair already has a private label credit card. Wayfair customers can select Affirm at checkout to view their monthly payments. Wayfair shares are down 27.5% for the year so far while the S&P 500 Index is up 4.7%.