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This Week In Credit Card News: New Micro-Loan Alternative To Credit Cards; Data Hack At Vera Bradley

Affirm, the online lending startup founded by PayPal co-founder Max Levchin, has raised $100 million in debt from financial services giant Morgan Stanley. The credit line comes with the news that Affirm has tripled the volume of its loans in the past year, which amounts to hundreds of millions worth of loans.
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