Many or all of the offers on this site are from companies from which Insider receives compensation (for a full list see here). Advertising considerations may impact how and where products appear on this site (including, for example, the order in which they appear) but do not affect any editorial decisions, such as which products we write about and how we evaluate them. Personal Finance Insider researches a wide array of offers when making recommendations; however, we make no warranty that such information represents all available products or offers in the marketplace.
Our experts choose the best products and services to help make smart decisions with your money (here's how). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.
Maybe you're working on a tight budget, but you need to buy something important, you want to take advantage of an online sales event, or you have gifts to buy for everyone in your life — what do you do? Short of having an awkward conversation with a friend or family member to borrow some money, there's a more convenient way to manage how you pay for online purchases, on your own terms.
Featured Partner Offer: Find and compare products with ease. Choose how to pay: now, later, or over time.
Klarna
4/5
Featured Partner Offer: Find and compare products with ease. Choose how to pay: now, later, or over time.
Featured Partner Offer: Find and compare products with ease. Choose how to pay: now, later, or over time.
Details
Regular Annual Percentage Rate (APR)
0%
Origination Fee
0
Editor's Rating
4/5
4 out of
5 Stars
Pros & Cons
Pros
Multiple types of repayment plans offered
No interest charged
Convenient shopping on mobile app
Soft credit check
Can use with thousands of retailers
Physical card available
Cons
Late fee
Late and missed payments may be reported to credit bureaus
Affirm is a payment option you'll see when you check out your cart at many online shopping sites. It's especially useful for large purchases such as furniture and mattresses because it lets you pay them off over a period of time (usually three, six, or 12 months).
Annual percentage rates (APRs) vary widely with Affirm, ranging from 0% to 30%, so you'll want to compare and contrast with other loan options including credit cards first. That said, you'll always be shown upfront the total amount of interest you'll pay. Affirm does not charge any additional fees.
You can apply for a loan as you're shopping at one of many Affirm's partner stores, which include women's and men's fashion, furniture, kitchenware, home appliances, sports and fitness, electronics, jewelry, and watch brands.
When it comes time to pay, you'll see something like the below:
From there, you can create an account, get approved for a loan, and pay off your purchase at a pace you're comfortable with. You can see which online retailers accept Affirm below.
Here are 80+ stores that accept Affirm:
Automotive
Taking care of your vehicle with the proper maintenance isn't free, but you can get inexpensive financing from Affirm at these stores in the auto industry.
Borrowers looking to focus on their health and wellbeing will find that Affirm can finance more expensive purchases and make the cost more manageable. This includes products like a kayak from the Austin Kayak Company or an exercise bike from Peloton.
Affirm can be a great choice if you want to make an upgrade on your home appliances. You may want to also consider one of the top credit cards with 0% APR to finance bigger purchases like electronics from Best Buy or furniture from Pottery Barn.
Loans from Affirm aren't just for material items — you can also use them to book hotels, airlines and vacation rentals through the travel portals we've included below.
Ryan Wangman was a reporter at Personal Finance Insider reporting on personal loans, student loans, student loan refinancing, debt consolidation, auto loans, RV loans, and boat loans. He is also a Certified Educator in Personal Finance (CEPF).In his past experience writing about personal finance, he has written about credit scores, financial literacy, and homeownership. He graduated from Northwestern University and has previously written for The Boston Globe. Learn more about how Personal Finance Insider chooses, rates, and covers financial products and services here >>
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Read our editorial standards.
Please note: While the offers mentioned above are accurate at the time of publication, they're subject to change at any time and may have changed, or may no longer be available.
**Enrollment required.
Newsletter
Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily.
Thanks for signing up!
Access your favorite topics in a personalized feed while you're on the go.