Affirm

The future of credit, now on your homescreen.

#4 Product of the DayOctober 31, 2017

With Affirm, you can split almost any online purchase into easy monthly payments. Unlike a credit card, there are no hidden fees and no surprises. Just enter a few pieces of information for a real-time decision, then choose the payment schedule that works for you!

Discussion
Would you recommend this product?
14 Reviews4.3/5
In 2016, credit card issuers in the United States raked in $94.3 billion in fees and $70.4 billion in interest income. The average credit card has 6 fees, with some having as many as 12! Credit is broken and the incentives for banks that issue it are built on business models that profit from hurting consumers and betting on their failure. The future of credit is here and it is not a piece of plastic, it is an app. The Affirm app will serve as a platform for us to deliver even more products that improves lives.
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Does this product work only for US citizens and permanent residents?
@erickbarron86 U.S. only (for now)
@mlevchin yes, but I meant if it's restricted to citizens or any USA resident with a SSN can apply?
@erickbarron86 Works for US residents with an SSN

I have been using Affirm for large purchases $500+ from tech/e-commerce companies like Leesa (mattress), Casper (mattress) and Peloton (indoor cycling bike) with no interest and it's been awesome!

Pros:

Easy to use, affordable microloans for purchases

Cons:

Wish it was accepted in more places!

Hi Rebecca! With your app you can actually use Affirm at almost merchant online. We'd love for you to try it out and let us know what you think!
$205.11 on a $96 loan!!! That's about 450% APR
I think that is supposed to be a $196 loan @mlevchin i think the math is still a little off
@tonybrix yes this was just bad math in the screen shot :( updated now!

If you don't have an US phone number you can not sign up

Pros:

Don't know i can not even try it

Cons:

Only for american market