topic Re: Affirm Financing in Personal Finance

Affirm Financing

B335is — Wed, 02 Dec 2015 23:57:23 GMT

I was browsing through Jomashop watches today and noticed they have a financing option called Affirm. I searched Google and haven't been able to find much information about them such as what CR they pull, how it reports, etc... Does anybody have any insight into Affirm?

Re: Affirm Financing

B335is — Thu, 03 Dec 2015 00:07:15 GMT

I found the merchant FAQ. I guess they only Soft Pull to make a decision:

http://help.merchants.affirm.com/article/76-faqs-to-equip-customer-service-teams

Re: Affirm Financing

Guinness — Thu, 03 Dec 2015 00:18:08 GMT

I used Affirm on Tradsey for high end handbags. Its pretty easy soft pull loan (not sure who they softpull). It also does not report to the CRs I did 3 loans with them each over $1000 paid them off real quick better option for me than a CC reporting a high credit card balance....

Re: Affirm Financing

B335is — Thu, 03 Dec 2015 00:19:01 GMT

Thanks Guinness!

Re: Affirm Financing

ddemari — Thu, 03 Dec 2015 03:50:46 GMT

of course i had to try it out and did it. i assume they are going to deposit the money into my checking account? lol? way too easy. i only did it as the other poster said no hard pull and no mention of accont on CRA's.

Re: Affirm Financing

ddemari — Thu, 03 Dec 2015 04:02:13 GMT

this affirm site is addicting ifu let it. the apr's I have received are 15%. no soft pull alert from Ex or EQ. so im thinkig its TU. the truth and lending agreement doesnt say anyting about your score used or what it is.

Re: Affirm Financing

Guinness — Thu, 03 Dec 2015 04:50:14 GMT

@ddemari wrote:
this affirm site is addicting ifu let it. the apr's I have received are 15%. no soft pull alert from Ex or EQ. so im thinkig its TU. the truth and lending agreement doesnt say anyting about your score used or what it is.

When I used it on Tradsey it paid for the item I purchased kinda like Paypal or a credit card. Easy peasy Love how it doesnt report on CR. What web site did you go on to apply for the affirm loan?

Re: Affirm Financing

Officer737 — Thu, 03 Dec 2015 13:11:05 GMT

I have used them for scuba gear. It is a soft pull and they do not report to the bureaus, unless you don't pay. They pay the reatil place directly anf then you pay Affirm. After you get your account setup, if your score is good and have some room left on your approval.....you can add cards and they will scan purchases and make other loans available and those they do deposit into your account as you have already paid for them.

Re: Affirm Financing

B335is — Thu, 03 Dec 2015 23:10:01 GMT

I tried it too but got "unable to verify identity". Strange, I've been at the same address for 12 months, none of my reports are frozen and they texted me the PIN.

Re: Affirm Financing

ddemari — Thu, 03 Dec 2015 23:16:32 GMT

Easy easy easy lol. Sorry that happened B! They scanned my cards, and offered me 3 loans and then i stopped. 3-5 days wait time till funds are deposited into my checking account.

Re: Affirm Financing

Anonymous — Mon, 07 Dec 2015 12:09:08 GMT

@ddemari wrote:
Easy easy easy lol. Sorry that happened B! They scanned my cards, and offered me 3 loans and then i stopped. 3-5 days wait time till funds are deposited into my checking account.

How long did it take for the funds to actually get deposited into your account?

Re: Affirm Financing

Ron1 — Mon, 07 Dec 2015 12:39:06 GMT

I just connected to my checking account. I found my Best Buy Payment. It offered me Pay Over Time. I found out they charge 25% for transferring the balance. No thanks!!

Ron.

Re: Affirm Financing

Ron1 — Mon, 07 Dec 2015 12:42:48 GMT

I tried it on Casper and I got approved. I got denied for the Jomashop purchase.

Ron.

Re: Affirm Financing

Ron1 — Mon, 07 Dec 2015 17:43:07 GMT

Re: Affirm Financing

Ron1 — Tue, 08 Dec 2015 00:11:06 GMT

Here is the list of merchants accept the Affirm:

AlarmGrid
All Safety Gear
Alto Music
American Diamonds Jewelry
Apt2B – furniture and home decor
Ball Watch USA
BeautyLish
Bedroom Furniture Discounts
Bidz – online jewelry auctions
BJJsports
Blendtec – world’s best blender
Blossom Coffee
Blu Dot
Boosted Boards
Brooklyn Bicycle Co.
Capri Jewelers
Casper Sleep
Chicago Music Exchange
Christeli
Coordinates Collection – customized jewelry
Coronet Diamonds
Corporate Jewelers
Coyuchi – organic bedding, towels and more
DapperMan
Dave’s Guitar Shop
Dean Zelinsky
Diamond Nexus
Dining Rooms Outlet
Discount Living Rooms
DollsKill – clothing and accessories
DSG Performance
Electric Generators Direct
eMassageChair
Emma Mason
Faraday Bikes
FIGstores
GIVmobile
Gold & Diamond Store
GreyCork
HeliDirect
HerImports
Huawei
Ice.com – Jewelry with Free Shipping and Free Gift Box
International Military Antiques
J.R.Dunn
Joeveo
JomaShop – Watches and more
JoyBird
Jewelry Unlimited
K Series Parts
Kicks on Fire
KillStar
LearningFuze
LeatherFurnitureExpo
Lifx
Lumoid
MakerBot – Desktop 3D Printer
Memphis Drum Shop
Mesa Boogie Hollywood
MetalDetector
Modern Automotive Performance
Moissanite – Get 10% off + Free Shipping with Code: MOISSY10
MOJO Water
Nabi Shop
Nature’s Sleep – memory foam mattresses, toppers & pillows
OneTri
OrthoMattress
PreOwned Wedding Dresses
Ptel
Pure Fix Cycles
Red Pocket Mobile – no contracts wireless
Reverb
SendMeFurniture
SimpleTire
SJC Drums
Sleep Sherpa
Smile Care Club
Super Jeweler – Free Shipping Worldwide
TheraDome – hair loss therapy
TheRealReal – luxury consignment
The Board Warehouse
The Music Zoo
The RPM Store
Touch of Modern – Up to 70% off Exclusive Modern Designs
Tradesy – Get $20 off $50 through our link!
True Facet
Trumpet & Horn
TV Lift Cabinet
TV Stands Outlet
TwoBirch – Free Shipping on all orders; Satisfaction Guaranteed
UNIF Clothing
Vanity Planet
Western Spindle
Windsor Fine Jewelers

Ron.

Re: Affirm Financing

dbw79 — Tue, 08 Dec 2015 02:10:39 GMT

Has anyone confirmed which bureau they soft for approval? Just curious.

Re: Affirm Financing

ddemari — Tue, 08 Dec 2015 02:55:00 GMT

I checked the soft pulls on Equifax and nothing from Affirm. Tried to log into TU to see soft pulls but couldn't sucessfully get the report to open, and can't see the EX ones either.

Money can take up to 6 business days and it still has not been deposited.

Re: Affirm Financing

joebbb — Thu, 31 Dec 2015 11:52:50 GMT

I used them for my PureFix cycle and it is pretty great! I also like the security of having to ping your cell phone each time - its much easier to remember!

Re: Affirm Financing

BCGCredit — Thu, 11 Feb 2016 05:25:54 GMT

I was approved. But 300.00 plus short of purchase price. Looks like soft pull from experian.

Re: Affirm Financing

djescobar973 — Tue, 01 Mar 2016 21:51:37 GMT

Hello new to this site (MyFico). I am also interested in using Affirm for a purchase. Is it safe to say that it will only be a "Soft Pull"?