For installment orders that are split into two or four biweekly payments, there are no additional charges, interest rates, or late fees. For installment orders that are paid for in monthly payments, interest rates from 6 to 36% APR apply.

If your customer chooses to pay for their order in four biweekly installments, then their credit score isn't impacted.

If the customer chooses to pay for their order in monthly payments, and doesn't make their payments on time, then their credit score might be affected. Only monthly payment options might impact a customer's credit score.

Shop Pay Installments is available only for orders from $35 USD to $30,000 USD, including discounts, shipping, and taxes.

For orders that exceed $20,000 USD, the customer is required to pay a down payment for the remaining balance upfront. For example, if a Shop Pay Installments order total is $25,000 USD, then the customer pays $5,000 USD upfront, and the remaining $20,000 USD is split into equal, interest-bearing, monthly payments.

If a customer has questions about their loan, making a payment, or managing their account, please visit Installments Help Center

If a customer has questions about Shop Pay or the Shop app, please visit Paying in installments with Shop Pay

Shop Pay Installments is available for purchases made using a credit and debit card. Capital One and Chase credit cards aren't accepted. Customers that choose a monthly payment option can only pay with a debit card.

Customers must meet specific eligibility requirements, including having a billing address in the United States and being signed up for Shop Pay. To qualify for Shop Pay Installments, the total order amount must fall within the range of $35 USD to $30,000 USD

To sign up for Affirm, you must:

• Be a resident of the U.S. (including U.S. territories).
• Be at least 18 years old (19 if you’re a ward of the state in Nebraska).
• Have a Social Security number.
• Own a phone number that receives SMS and is registered to the United States or U.S. territories.

Affirm loan-application process steps:

1. At checkout, choose Pay with Affirm.
2. Affirm prompts you to enter a few pieces of information: Name, email, mobile phone number, date of birth, and the last four digits of your social security number. This information must be consistent and your own.
3. To ensure that you’re the person making the purchase, Affirm sends a text message to your cell phone with a unique authorization code.
4. Enter the authorization code into the application form. Within a few seconds, Affirm notifies you of the loan amount you’re approved for, the interest rate, and the number of months you have to pay off your loan. You have the option to pay off your loan over three, six, or twelve months. Affirm states the amount of your fixed, monthly payments and the total amount of interest you’ll pay over the course of the loan.
5. To accept Affirm’s financing offer, click Confirm Loan and you’re done.

After your purchase, you’ll receive monthly email and SMS reminders about your upcoming payments. You can also set up autopay to avoid missing a payment. Your first monthly payment is due 30 days from the date that we (the merchant) processes your order.

• 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.
• Affirm bases its loan decision not only on your credit score, but also on several other data points. This means that you may be able to obtain financing from Affirm even if you don’t have an extensive credit history.

Affirm does a "soft" credit check, which verifies the customer's identity but does not affect a customer’s credit score. Affirm's underwriting model does not use a hard credit check. There is no effect on a consumer's credit score when they apply for an Affirm loan.

The merchant has no information regarding a customer's financing denial. 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.

If Affirm has difficulty confirming your identity, you may need to provide more information. Affirm uses modern technology to confirm your identity, including verifying your address or full SSN, or requesting a photo of your ID. Affirm takes these steps in some cases to counter fraud and provide the most accurate credit decision they can.

Affirm may sometimes need more information about your finances and your ability to repay in order to make a credit decision. Your income gives Affirm additional insight into your ability to repay.

Affirm may sometimes need more information about your finances and your ability to repay in order to make a credit decision. If you are prompted to link your checking account and would like to proceed, please provide the login information for your online bank account. Affirm does not store your online login credentials—they are transmitted securely to your bank.

If Affirm asks you to link your checking account, Affirm won’t be able to offer you credit if:

1. Your bank is not listed
2. You choose not to link your checking account
3. You don’t use online banking
4. The username and/or password you provide is incorrect
5. You're unable to successfully connect your checking account

Although Affirm is continually adding support for additional banks, they aren’t able to connect to every bank at the present time. We apologize for the inconvenience. If you’re unable to connect your bank, you’ll need to complete your purchase with another payment method.

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.

Yes! Affirm works hard to be completely transparent. You’ll see the amount of interest you’ll owe on the terms page and again on the loan confirmation page. If you pay off your loan early, you’ll receive a rebate for any interest that hasn’t yet accrued.

Affirm is available only to shoppers residing in the United States. Affirm hopes to expand its services to customers outside the U.S. in the future.