Sleep Now, Pay Later

Affirm is a financing alternative to credit cards and other credit payment products, which allows for instant decision online. With Affirm, you can buy and receive your purchase now, and pay for it in fixed monthly installments.

Here is what Affirm offers:

Buy and receive your purchase now, and pay for it over 3, 6, 12, 18, 24 and 36 months. This allows you to split up the price of your purchase into fixed payment amounts that fit your monthly budget.

Affirm discloses your loan terms before you make your purchase. You’ll know exactly how much you’ll owe each month, the number of payments you must make, and the total amount of interest you’ll be paying over the course of the loan. Affirm does not charge hidden fees.

The application process is secure and immediate. Affirm asks you for a few pieces of information. After you provide this information, Affirm will notify you of the loan amount you’re approved for, the interest rate, and the number of months you will have to pay off your loan, all within seconds.

You don’t need to have a credit card to make a purchase. Affirm lends to its partners directly on your behalf.

Affirm bases its loan decision not only on your credit, but also on several other data points about you. You may be eligible for Affirm financing even if you don’t have an extensive credit history.

Affirm will send you email and SMS reminders in advance of your upcoming payment. You can also enable “Autopay” to schedule automatic monthly payments on your loan.

Here are the steps in the Affirm loan application process:

• Select to pay with Affirm at checkout.
• Affirm will prompt you to enter a few pieces of information: your name, email, mobile phone number, date of birth and the last 4 digits of your social security number. Please ensure that all of this information is correct, or you may experience difficulty with your checkout.
• To ensure that you’re the person making the purchase, Affirm will send a text message to your cell phone with a unique authorization code.
• Enter the authorization code into the application form. 

Within a few seconds, Affirm will notify you of the loan amount you’re approved for, the interest rate and the number of months you will have to pay off your loan. You will have the option to choose to pay off your loan over six, or twelve months. Affirm will also state the amount of your fixed, monthly payments and the total amount of interest you’ll pay over the course of the loan.

If you would like to accept Affirm’s financing offer, click “Confirm Loan” and you’re done!

Going forward, you’ll get monthly email and SMS reminders about your upcoming payments. You can also set up autopay to avoid missing a payment. Your first monthly payment will be due 30 days from the date that GhostBed processes your order.

Yes, when you first create an Affirm account, they will perform a ‘soft’ credit check to verify your identity and determine your eligibility for financing. This soft credit check will not affect your credit.

Affirm will ask you for a few pieces of personal information: your name, email, mobile phone number, date of birth and the last 4 digits of your social security number. Affirm uses this information to verify your identity and make an instant loan decision. Affirm will base its loan decision not only on your credit, but on several other data points about you. This means you may be able to obtain financing from Affirm even if you don't have an extensive credit history.

Please contact Affirm by visiting https://helpcenter.affirm.com/us/s/contact-us or by calling (855) 423-3729 for assistance on denials.

Before each payment is due, Affirm will send you reminders via email and SMS that will include the installment amount that is coming up and the due date. You can also sign up for autopay so you don’t risk missing a payment.

Please follow these steps to make a payment:

• Go to www.affirm.com/account
• Enter your mobile number to receive your personalized security pin.
• Enter this security pin into the form on the next page and click “Sign In.”

You’ll now see a list of your loans and payments coming up. Click on the loan payment you would like to make. You can make a payment with a debit card or ACH bank transfer.

Affirm loans vary between 0% and 36% APR with simple interest. The corresponding finance charge is the only fee associated with an Affirm loan. Affirm does not charge late fees, service fees, prepayment fees, APR penalties or any other hidden fees.

Shop Pay is an accelerated checkout feature from Shopify. It allows you to save your checkout information (like your credit card and email address) for a faster purchasing experience. Shop Pay also offers installment payments, so you can pay for your purchase over time. 

Shop Pay allows you to check out quickly by saving your details, like shipping address and credit card information, and filling them in for you. Shop Pay also allows customers to split their purchases into multiple payments. Plus, each purchase through Shop Pay supports carbon removal projects.

Your first payment is due at checkout and your remaining payments are automatically charged to the credit card you’ve saved with Shop Pay. So you can click it and forget it! 

Shop Pay Installments is powered by Affirm. When you choose a Shop Pay payment plan, Affirm will review it and approve it if you’re qualified. 

Shop Pay itself does not check your credit. However, if you opt for monthly payments and don’t pay on time, your credit score may be affected. (This only applies to Shop Pay’s monthly payment options, not its biweekly payment plan.)

If you opt for Shop Pay’s biweekly payments, you will not be charged extra fees or interest. If you opt for monthly payments, they may carry 10-36% APR. There are no late fees. However, late payments may affect future eligibility.

"Rates from 0%-36% APR. Payment options through Shop Pay Installments are subject to an eligibility check and are provided by these lending partners: affirm.com/lenders. Options depend on your purchase amount, and a down payment may be required. State notices to consumers affirm.com/licenses. 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."