AFFIRM CREDIT

[Dhani76]

Expedia uses them if you want to make payments on your vacation. I used them. Application was easy & I was approved instantly. The downside is exorbitant interest but I knew what I was getting myself into. Hoping to pay it down quickly.

[Anonymous]

Chase had my address wrong because the banker typed it in wrong for several months before I noticed it on an e-statement. It definitely is an issue, but something I clearly could rectify by calling in. Saying that they are unable to even process another application for credit with my actual info is beyond strange to me.

[Anonymous]

They turned me down, but at least it was a soft pull. I originally asked for $1,000 at Amazon. Then I tried $200 and still got turned down. I'm better off without it, I guess. 

[Anonymous]

I would avoid them. From what I have learned it shows up as a consumer finance loan which doesn't look so good to lenders.

[Anonymous]

I applied for a loan with them and was denied about a year ago but my credit has improved and I’m trying again however my phone number changed. They had me email, then call in, wait on hold. Have them call me back and then email me saying they need my picture id sent then I have to wait 10 business days to be able to log in just to see if I get the loan. It’s for a 400.00 item. We shall see I guess. Crazy part is that they can’t notify me when it goes through. Just have to keep trying for 10 business days seeing if it finally works.

[3se7ens]

I used them to establish credit but they only report to Experian. Affirm reports as an installment loan, not revolving credit.I recommend them for anyone rebuilding or just starting out.

[Anonymous]

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@3se7ens wrote:

I used them to establish credit but they only report to Experian. Affirm reports as an installment loan, not revolving credit.I recommend them for anyone rebuilding or just starting out.

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I too am using them for a loan for aquarium gear from Marinedepot.com. Soft pull and I was approved for a $5k loan but only used $1200 of that $5k loan. 

If you go to their FAQ you will see that they do report to Experian like you said and they are not a revolving credit card.

So far my first payment was easy they send text and email reminders and I'm looking forward to seeing how they report to EX.

Will update once that happens.

[Anonymous]

I've used them twice via Expedia for vacations.  Be careful on interest...1st time was 26.99 and secod time dropped to 14.92..also, they will SP for approval, but Hardpull once you agree to loan.  Only reports to Experian and my score went up very little 10+ points.  i did pay them off early.  Also, you can;t pay down the loan and push payments out.  If you pay extra it's taken off the end of the loan. 

[K-in-Boston]

This thread is over a year old and is not concerning an application.  Locked to new comments.  If anyone wishes to continue the conversation, please start a new thread in the appropriate subforum.  Thanks.