This podcast episode explores the rise of Buy Now, Pay Later (BNPL) as a more transparent and responsible alternative to high-interest credit cards. It discusses the concept of honest finance and the need for a better way to manage debt. The episode highlights Affirm as a pioneer in the BNPL industry, leading the charge towards a more transparent and responsible financial future. It also discusses the risks associated with the BNPL model, the impact of higher interest rates, and the role of credit underwriting. The future of underwriting and potential regulations in the industry are explored, along with the funding ecosystem and partnerships of Affirm.