Affirm loans vary between 10% and 30% APR simple interest (0% APR is offered at select merchants). The corresponding finance charge is the only fee associated with an Affirm loan – we don’t charge late fees, service fees, prepayment fees, or any other hidden fees. We strive always to be more transparent and fair than any other form of financing.

Unlike a credit card, Affirm is not a revolving line of credit. While customers can take out multiple Affirm loans at once, each Affirm loan application is evaluated separately as a closed-end transaction. An application from a returning customer may be denied, however, if that customer has failed to repay other Affirm loans on time or if the customer shows excessive borrowing behavior.

We aren’t always able to approve financing for the full amount of a purchase. When this happens, you will have the option of using a debit card to pay for the rest of your purchase. Regrettably, the down payment amount can’t be changed.

Affirm sometimes needs more information about your financial situation to evaluate your loan application. We may ask you to link your online checking account, which helps us determine your ability to repay a loan. If you are prompted to link your checking account and would like to continue with the application process, you may link your account by providing the login information for your online bank account. Affirm does not store your online banking login information – we simply pass your login credentials to your bank via a secure service linking your checking account.

Linking your checking account DOES NOT authorize Affirm to debit your account. It only allows us to determine your ability to pay.

While we strive to offer all creditworthy applicants financing with Affirm, we simply aren’t able to approve every loan application. If we aren’t able to approve your application, we will immediately notify you of our decision and denial reason via a secured message.

Your first monthly payment will be due one calendar month from the date your loan is processed. We will send you an email and SMS text message to confirm all of your billing due dates.

Each monthly payment will be due on the same day of the month throughout the loan period. For example, if you obtain a loan with three monthly payments on January 1st, your first, second, and third payments will be due February 1st, March 1st, and April 1st respectively.

We hope that all of our users honor their loan agreements with Affirm. Please understand that when you take out a loan through Affirm, you are entering into a legal obligation to repay the balance of the loan. This is no different from other agreements to repay people or businesses for goods and services. While we hope we never have to do so, we reserve the right to refer delinquent accounts to collections. For any questions about this, or if you would like help paying your balance, please contact us. You may review Affirm Terms and Conditions here.

Unfortunately, we are unable to grant extensions at this time. Rest assured that we will not impose any late fees or additional interest. But a late payment may prevent us from approving any future applications for financing.

Please review the details of your bill at www.affirm.com/account. If you still have an issue with your bill, please contact Affirm.

No, there are no prepayment penalties or fees for paying off your loan early. Also, if you pay off your entire loan before the final due date, you will pay interest only for the period that you borrowed the money. Affirm rebates any unearned portion of the finance charge for the remaining loan period. To see the total pay-off amount, go to your Affirm account and click on ‘Make Payment’.

Your first monthly payment will be due one calendar month from the date your loan is processed. We will send you an email and SMS text message to confirm all of your billing due dates.

Each monthly payment will be due on the same day of the month throughout the loan period. For example, if you obtain a loan with three monthly payments on January 1st, your first, second, and third payments will be due February 1st, March 1st, and April 1st respectively.

We hope that all of our users honor their loan agreements with Affirm. Please understand that when you take out a loan through Affirm, you are entering into a legal obligation to repay the balance of the loan. This is no different from other agreements to repay people or businesses for goods and services. While we hope we never have to do so, we reserve the right to refer delinquent accounts to collections. For any questions about this, or if you would like help paying your balance, please contact us. You may review Affirm Terms and Conditions here.

Unfortunately, we are unable to grant extensions at this time. Rest assured that we will not impose any late fees or additional interest. But a late payment may prevent us from approving any future applications for financing.

Please review the details of your bill at www.affirm.com/account. If you still have an issue with your bill, please contact Affirm.

No, there are no prepayment penalties or fees for paying off your loan early. Also, if you pay off your entire loan before the final due date, you will pay interest only for the period that you borrowed the money. Affirm rebates any unearned portion of the finance charge for the remaining loan period. To see the total pay-off amount, go to your Affirm account and click on ‘Make Payment’.

Yes, protecting your personal information is very important to us. We encrypt all sensitive data including social security numbers. We also maintain physical, electronic, and procedural safeguards to protect your information. We do not sell or rent your information to anyone. You can read more about Affirm Privacy Policy here.

You can read about Affirm Privacy Policy here.

You can find Affirm Terms and Conditions here.