Affirm Financing Information
We are excited to partner with Affirm Financing with multiple financing options for your new car builds and upgrades. Here is some quick information on what to expect and how simple the process will be.
Interest and no fees
Affirm doesn't charge any fees. That means no late fees, no prepayment fees, no annual fees, and no fees to open or close your account.
Your APR may be different depending on your creditworthiness and where you are shopping. The exact terms that apply to your purchase will be given when you check out with Affirm.
At checkout, Affirm always shows the total amount of interest you’ll pay and you will never be charged more than that. This way, you always know what you’re getting into. If you pay faster than agreed, you might be charged less!
With Affirm, there are no late fees, service fees, prepayment fees, or any hidden fees.
How do I apply for a loan?
- Make your purchase, then select Affirm at checkout. This is when you will notice Affirm listed along with 'Credit Card'.
- Enter your mobile number, then select Continue.
- If it’s your first time applying, create an account. If you already have an account, this step is skipped.
- Enter the 4-digit PIN just texted to your phone.
- See your loan decision.
Affirm will use your mobile phone number to keep track of your account. This way they can alert you when your payments are due, if you choose not to use auto-pay.
Will Affirm do a credit check?
Yes, when you first create an Affirm account, they perform a ‘soft’ credit check to help verify your identity and determine your eligibility for financing. This ‘soft’ credit check will not affect your credit score. If you apply for more loans with Affirm, they may perform additional ‘soft’ credit checks to ensure that you are being offered the best financing options possible.
Can I setup financing if I don’t live in the USA?
No, Affirm uses your social security number as a means of checking your credit score. Because of this, there is no way for customers who are non-U.S. residents to apply for financing.
What is Cross River Bank and how is it related to Affirm?
Cross River Bank is a New Jersey-chartered bank and is the lender for all Affirm loans.