Payments & Security

  • How does Affirm approve borrowers for loans?
    • Affirm asks for a few pieces of personal information: Name, email address, mobile phone number, date of birth, and the last four digits of your social security number. 

    • Affirm verifies your identity with this information and makes an instant loan decision. 

    • Affirm bases its loan decision not only on your credit score, but also on several other data points.  This means that you may be able to obtain financing from Affirm even if don’t have an extensive credit history.
  • How does Affirm work?

    ffirm loan-application process steps:

    1. At checkout, choose Pay with Affirm.
    2. Affirm prompts you to enter a few pieces of information: Name, email, mobile phone number, date of birth, and the last four digits of your social security number. This information must be consistent and your own. 
    3. To ensure that you’re the person making the purchase, Affirm sends a text message to your cell phone with a unique authorization code.
    4. Enter the authorization code into the application form. Within a few seconds, Affirm notifies you of the loan amount you’re approved for, the interest rate, and the number of months you have to pay off your loan. You have the option to pay off your loan over three, six, or twelve months. Affirm states the amount of your fixed, monthly payments and the total amount of interest you’ll pay over the course of the loan.
    5. To accept Affirm’s financing offer, click Confirm Loan and you’re done.   

    After your purchase, you’ll receive monthly email and SMS reminders about your upcoming payments. You can also set up autopay to avoid missing a payment.  Your first monthly payment is due 30 days from the date that we (the merchant) processes your order.

    Learn more at: http://www.affirm.com

  • What is Affirm?

    Affirm is a financing alternative to credit cards and other credit-payment products. Affirm offers instant financing for online purchases to be paid in fixed monthly installments over 3, 6, or 12 months.

    Learn more at https://www.affirm.com/ 

  • What is required to have an Affirm account?

    To sign up for Affirm, you must:

    • Be 18 years or older (19 years or older in Alabama or if you’re a ward of the state in Nebraska).
    • Provide a valid U.S. or APO/FPO/DPO home address.
    • Provide a valid U.S. mobile or VoIP number and agree to receive SMS text messages. The phone account must be registered in your name.
    • Provide your full name, email address, date of birth, and the last 4 digits of your social security number to help us verify your identity.

    Learn more at http://www.affirm.com

     

  • Why was I denied financing by Affirm?

    The merchant has no information regarding a customer's financing denial. Affirm strives to offer all credit-worthy applicants financing with Affirm, but isn’t able to offer credit in every case. Affirm will send you an email with more details about its decision. Unfortunately Affirm’s decision is final.