affirm FAQs:

What is Affirm?

Affirm is a financing alternative to credit cards and other credit-payment products. Affirm offers instant financing for online purchases and allows you to split the price of your purchase into fixed payment amounts that fit your monthly budget.

How does Affirm at Micro-Mark work?

Affirm at Micro-Mark provides instant financing for online purchases that are repaid in one of two ways. For orders $250-$500, Affirm provides a repayment plan that consists of four bi-weekly payments at 0% interest. For orders $500 or more, Affirm provides financing for purchases to be paid in fixed monthly installments over 3, 6, or 12 months for example, "on a $700 purchase, you may pay $63.18 for 12 months with a 15% APR..

What is the minimum/maximum order amount required to make a purchase using Affirm?

Affirm may be used to finance orders between $250 and $17,500.

Does Affirm perform a credit check? Does it impact my credit score?

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. Paying on time can help you build a positive credit history.

What information does Affirm require?

Affirm asks for a few pieces of personal information: Name, email address, mobile phone number, date of birth, and the last four digits of your social security number. Affirm verifies your identity with this information and makes an instant loan decision.

Are all customers approved with Affirm?

Affirm strives to offer all credit-worthy applicants financing with Affirm, but isn't able to offer credit in every case. Affirm will send you an email with more details about its decision. Unfortunately Affirm's decision is final. For additional questions and details regarding the approval process, please contact Affirm Customer Care at 855-423-3729 (between the hours of 8am-11pm EST 7 days a week).

Micro-Mark has no information regarding a customer's financing denial.

How do I make payments?

Make payments at affirm.com or in the Affirm app for iOS or Android. Affirm will send you email and text reminders before payments are due.

Can I pay off my purchase early?

Yes- there is no penalty for paying early.

I purchased an item using Affirm. Can I return or exchange it?

Yes- you can return or exchange an item you bought with Affirm by initiating the return process with Micro-Mark.

Once Micro-Mark has received the returned merchandise, Affirm will begin the refund process. Affirm will credit any loan payments the customer has made, up to the refund amount, to the original form of payment within 3 to 10 business days of the refund. The refund does not include interest paid on the loan.

Exchanges with Micro-Mark can be processed for items of an equal or lesser value. Micro-Mark is unable to process an exchange for a higher priced item.

Are there any additional fees for using Affirm?

No- Affirm does not charge any hidden fees. There are 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.

Can I modify my Micro-Mark order if I paid using Affirm?

No- an order cannot be edited after you have confirmed your loan with Affirm. Due to the privacy of our customers, Micro-Mark does not store personal financial data and cannot access or adjust an order once Affirm has been used.

If you want to add items to your purchase, you must apply for another loan with Affirm or use a different payment method.

Can I make more than one purchase using Affirm at Micro-Mark?

Yes- there are no limits on how many purchases you can have at one time. But if you've recently opened credit accounts, Affirm will consider that when reviewing your application. Affirm also considers things like your payment history, how much credit you've used, and how long you've had credit. For additional questions and details regarding multiple Affirm purchases, please contact Affirm Customer Care at 855-423-3729 (between the hours of 8am-11pm EST 7 days a week).

Why was I prompted to pay a down payment with a debit card?

Affirm isn't always able to offer credit for the full amount you request. In these cases, Affirm asks you to make a down payment with a debit card for the remainder of your purchase. The down payment amount can't be changed and must be made upon confirming your loan and before the loan offer expires.

Why was I prompted for banking information?

Affirm often requires more information about your financial situation to evaluate your loan application. It is not uncommon to be asked to link your online checking account in order for Affirm to view transaction history and balance. 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-they 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 them to determine your ability to pay.

Why can't I use Affirm on my order?

There are a few different reasons why an Affirm loan may not be used for a purchase. The most common are the following:

Affirm is currently unavailable to Canadian residents.

Affirm's split-pay option is currently unavailable in New Mexico.

Affirm cannot be used as a form of payment on select products and programs that contain legal restrictions see https://www.affirm.com/terms for details.

Affirm Lending Disclosure:

Payment options through Affirm are subject to eligibility, may not be available in all states, and are provided by these lending partners: affirm.com/lenders. CA residents: Loans by Affirm Loan Services, LLC are made or arranged pursuant to a California Finance Lenders Law license. For example, a $800 purchase could be split into 12 monthly payments of $72.21 at 15% APR or 4 interest free payments of $200 every 2 weeks. For the most up-to-date information please refer to https://www.affirm.com/how-it-works.

Additional questions?

To learn more about Affirm, please visit affirm.com. For additional help, please visit affirm.com/help