Frequently Asked Questions (FAQs) – Affirm and Afterpay
Q1: What is Affirm? A: Affirm is a financing option that allows you to make a purchase and pay for it over time with simple, transparent installment plans. It’s a flexible and convenient way to shop now and pay later.
Q2: How does Affirm work? A: When you choose Affirm at checkout, you’ll complete a quick application to determine your eligibility. Once approved, you can select from the available payment plans to split your purchase into easy-to-manage installments. You’ll make regular payments, and there are no hidden fees or surprises.
Q3: Is there a credit check with Affirm? A: Yes, Affirm may perform a soft credit check when you apply, but this won’t impact your credit score. They use this information to determine your eligibility and offer suitable financing options.
Q4: Can I use Affirm for any purchase? A: In most cases, yes! You can use Affirm to pay for a wide range of products and services, from electronics to travel bookings. However, eligibility may vary by merchant.
Q9: Can I return items purchased with Affirm? A: Yes, you can generally return items purchased with these services according to the merchant’s return policy. If your return is accepted, your refund will be processed by the merchant, and your loan balance with Affirm or Afterpay will be adjusted accordingly.
Q10: How do I manage my Affirm account? A: You can manage your Affirm or Afterpay account by logging in to your respective account on their websites or mobile apps. You can view your payment schedule, make payments, and update your account information as needed.