About Affirm
Affirm is a buy now, pay later service that lets shoppers split purchases into fixed payments. It shows the total cost before a purchase is confirmed, so buyers can compare plans.
What it does
Affirm appears at checkout on participating stores and lets shoppers choose a payment plan. Some plans are interest free, while others run over longer terms with a set rate. Shoppers can check how much they can spend before shopping, and the company says this check does not affect their credit. The Affirm Card can be used online and in stores, and the app shows offers picked for the user.
Key features
- Split purchases into fixed payment plans
- See the total cost before you confirm
- Check spending power without affecting your credit
- Use the Affirm Card online and in stores
- Choose a 0% APR plan on eligible purchases
Who it's for
Affirm is aimed at shoppers who want to spread the cost of a purchase over time. Online merchants also use it to offer financing at checkout. Business owners can read about the merchant side on the company site, where partner and developer options are listed.
Pricing and good to know
Affirm states that payment options depend on the purchase amount and the merchant. Interest rates are shown before you confirm and depend on your credit. Financing is provided by lending partners named on the company site, and eligibility is checked for each plan.
Highlights
- Split purchases into fixed payment plans
- See the total cost before you confirm
- Check spending power without affecting your credit
- Use the Affirm Card online and in stores
- Choose a 0% APR plan on eligible purchases
