Buy Now and Pay Over Time
Spread the cost of your timepiece over 3, 6 or 12 monthly installments with Affirm
Affirm is a more simple, transparent and consumer-friendly alternative to credit cards. Affirm offers instant financing for online purchases to be paid in fixed monthly installments over 3, 6 or 12 months. Your rate will be 0% APR or 10–30% APR based on credit, and is subject to an eligibility check. Options depend on your purchase amount, and a down payment may be required. As an example, for a $3,000 watch you might pay $271/mo over 12 months at 15% APR.
How Does Affirm Finance Work?
At checkout, choose Pay with Affirm. Enter a few pieces of information: Name, email, mobile phone number, date of birth, and the last four digits of your social security number.
Affirm will confirm your identity by sending you a text message to your cell phone with a unique authorization code. Enter the code and within a few seconds, Affirm notifies you of the loan amount you're approved for.
Select the option best suited to you to pay off your loan over three, six, or twelve months. To accept Affirm's financing offer, click Confirm Loan and you're done.
After your purchase, you'll receive monthly emails and SMS reminders about your upcoming payments. You can also set up autopay to avoid missing a payment. In most cases, your first monthly payment is due 30 days from the date that we (the merchant) processes your order.
Why buy with Affirm?
Buy and receive your purchase right away, and pay for it over several months. This payment option allows you to split the price of your purchase into fixed payment amounts that fit your monthly budget.
If Affirm approves your loan, you'll see your loan terms before you make your purchase. See exactly how much you owe each month, the number of payments you must make, and the total amount of interest you'll pay over the course of the loan. There are no hidden fees.
The application process is secure and real-time. Affirm asks you for a few pieces of information. After you provide this information, Affirm notifies you of the loan amount that you're approved for, the interest rate, and the number of months that you have to pay off your loan - all within seconds.
You don't need a credit card to make a purchase.
You may be eligible for Affirm financing even if you don't have an extensive credit history. Affirm bases its loan decision not only on your credit score, but also on several other data points about you.
Affirm reminds you by email and SMS before your upcoming payment is due. Enable Autopay to schedule automatic monthly payments on your loan.
What is Required to Prequalify?
Your Affirm account is created using your name, email, mobile phone number, birthday, and the last 4 digits of your SSN. This combination helps Affirm verify and protect your identity.
Does Affirm Perform a Credit Check?
Although Affirm performs a credit check when you apply for a loan, this won't impact your credit score. However, if you're approved and decide to buy with Affirm, your loan and payments may affect your credit score.
How Do I Make Payments
Before each payment is due, Affirm sends you an email or SMS reminder with the installment amount that is coming due and the due date. You have the option to sign up for autopay, so you don't risk missing a payment.
Follow these steps to make a payment:
- 1. Go to www.affirm.com/account.
- 2. Enter your mobile phone number. Affirm sends a personalized security PIN to your phone.
- 3. Enter this security PIN into the form on the next page and click Sign in.
- 4. After you sign in, a list of your loans appears, with payments that are coming due. Click the loan payment you would like to make.
- 5. Make a payment using a debit card or ACH bank transfer.
Does Affirm Charge Interest and Fees?
Affirm doesn’t charge late fees, service fees, prepayment fees or any hidden fees. The annual percentage rate (APR) on an Affirm loan ranges from 10% to 30%. Affirm discloses any required fees upfront before you make a purchase, so you know exactly what you will pay for your financing.