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- Peloton owners in Australia who paid in installments will get to keep their equipment but no longer have to pay.
- This comes after Peloton's financing partner, Affirm, said it would cease operations in the country.
- Australia is the first country where Affirm has closed operations.
Peloton owners in Australia who elected to pay off their purchase in installments learned this week that they will no longer have to pay anything for their exercise equipment.
The loans were processed through Peloton's "buy now, pay later" partner, fintech company Affirm, which announced last month it would shut down operations in Australia.