Why Buy with Affirm?

With Affirm, you can make your purchase right away and pay for it over several months, starting with 0% APR financing. This payment option lets you split your purchase into fixed, budget-friendly monthly payments. Purchases under $2,000 may qualify for 0% APR financing for up to 12 months, while purchases over $2,000 may qualify for up to 24 months. For example, a $499 purchase could cost $41.58 per month for 12 months, and a $2,460 purchase could be $102.50 per month for 24 months, both with 0% APR. *All financing is subject to approval.

Once Affirm approves your loan, you’ll see the terms before completing your purchase. You’ll know exactly what you owe each month, how many payments you need to make, and the total interest you’ll pay over the course of the loan. There are no hidden fees.

The application process is secure and happens in real-time. Affirm asks for some basic information, and after providing this, you’ll quickly receive details about your approved loan amount, interest rate, and repayment period—all in just a few seconds.

You don’t need a credit card to make purchases. Affirm directly lends to the merchant on your behalf.

Even if you don’t have a lengthy credit history, you may still qualify for Affirm financing. Affirm’s decision is based not only on your credit score but also on various other factors about you.

Affirm sends reminders via email and SMS before each payment is due. You can also enable Autopay to automate your monthly payments.

What Do You Need to Create an Affirm Account?

To sign up for Affirm, you need to:

• Be a U.S. resident (including U.S. territories)

• Be at least 18 years old (19 if you’re a Nebraska resident)

• Have a Social Security number

• Have a U.S.-registered phone number that can receive SMS

How Does Affirm Work?

1. At checkout, select “Pay with Affirm.”

2. Affirm will ask for a few details: your name, email, mobile number, date of birth, and the last four digits of your Social Security number. Ensure the information is accurate and your own.

3. To verify your identity, Affirm will send a text message with a unique authorization code to your mobile phone.

4. Enter the code into the form, and within seconds, Affirm will notify you of your approved loan amount, interest rate, and the repayment period. You can choose to pay off your loan over three, six, or twelve months. Affirm will show you the amount of your fixed monthly payments and the total interest you’ll pay over the loan’s duration.

5. To confirm Affirm’s financing offer, click “Confirm Loan,” and you’re done.

6. After your purchase, Affirm will send you monthly reminders via email and SMS about upcoming payments. You can also set up Autopay to avoid missing a payment. Your first payment will be due 30 days from the date your order is processed by the merchant.

How Does Affirm Approve Loans?

Affirm asks for a few personal details: your name, email, mobile phone number, date of birth, and the last four digits of your Social Security number. With this information, Affirm verifies your identity and makes an instant decision about your loan.

Affirm doesn’t rely solely on your credit score to make a decision, considering other personal data points as well. This means you may still be eligible for financing even if you don’t have an extensive credit history.

*Your 0% APR rate is subject to credit approval. Financing options through Affirm are offered by its lending partners, which you can learn more about at affirm.com/lenders. Options depend on the purchase amount, and a down payment may be required.

FAQs

• Does Affirm check my credit, and will it affect my credit score? Affirm performs a “soft” credit check, which verifies your identity but does not affect your credit score. Affirm’s process does not involve a hard credit check.

• Why was my financing request denied by Affirm? The merchant does not receive any details regarding your financing denial. Affirm strives to offer financing to all credit-worthy applicants but may not always be able to extend credit. You will receive an email from Affirm explaining the decision, which is final.

• Why was I asked to verify my identity? If Affirm has difficulty verifying your identity, you may be asked to provide additional information. Affirm may use modern technology to verify your address, Social Security number, or request a photo ID to ensure the most accurate credit decision and prevent fraud.

• Why was I asked to provide my income? In some cases, Affirm may ask for more information about your finances and ability to repay in order to make a credit decision. Providing your income helps Affirm assess your ability to repay the loan.

• Why was I asked to link my checking account? Affirm may request access to your checking account information as part of its credit decision process. If asked to link your account and you wish to proceed, you’ll need to provide your online banking login credentials. Affirm does not store these credentials; they are securely transmitted to your bank. If Affirm asks for your checking account details, they won’t be able to offer credit if:

• Your bank isn’t listed

• You choose not to link your checking account

• You don’t use online banking

• The login information you provide is incorrect

• Your checking account fails to connect

• Why is my bank not listed? Affirm is continually adding support for more banks, but not all banks are currently available. If your bank isn’t listed, you’ll need to complete your purchase using another payment method.

• Why was I asked for a down payment? Affirm may not always be able to provide financing for the full purchase amount. In these cases, they will ask for a down payment via debit card for the remainder. The down payment must be made at the time of confirming your loan and cannot be adjusted.

• Will I know how much interest I’ll be paying before confirming the loan? Yes, Affirm is transparent about all costs. You will see the total interest on both the loan terms page and the confirmation page. If you pay off your loan early, you will receive a rebate for any unaccrued interest.

• Why can’t customers outside the U.S. use Affirm? Affirm is currently only available to U.S. residents but hopes to expand to international customers in the future.