topic Re: Affirm in Community Chat

Affirm

Jordan2 — Sat, 12 Apr 2025 20:06:30 GMT

I was thinking about purchasing a cellphone from Mint Mobile ( which is my carrier) and they offer payment with Affirm. I don't know anything about it and would appreciate any feedback anyone could offer. Is this like a credit card, can you be turned down applying for it? Do they charge interest, is it safe?

Re: Affirm

San Antonio Gal — Sat, 12 Apr 2025 20:10:19 GMT

I don't know a lot about it, but it must be some type of credit because it is reported to your credit report.

Re: Affirm

Kachina624 — Sat, 12 Apr 2025 20:10:34 GMT

Probably something like the PayPal plan where you can extend your payments. Google it.

Re: Affirm

Snowpuppy — Sat, 12 Apr 2025 20:13:20 GMT

I've never used Affirm but my understanding is it is expensive, 18 % + based on your credit so yep, you can be turned down. They do not issue a cc.

Do they offer PayPal Pay in 4? No interest or fees but the bill is broken down into 4 bi-weekly payments.

Re: Affirm

Jordan2 — Sat, 12 Apr 2025 21:37:41 GMT

@Snowpuppy no PayPal, either Affirm or pay in full with your credit card.

Re: Affirm

Kachina624 — Sat, 12 Apr 2025 21:42:42 GMT

@Jordan2. I use PayPal for nearly all my online purchases except QVC. I don't want a credit card on file with every merchant from whom I buy, plus they've gotten me out of some scammey situations. I've used them over 20 years with no problem but never used the extended pay.

Re: Affirm

willdob3 — Sat, 12 Apr 2025 23:07:20 GMT

@Jordan2 wrote:
I was thinking about purchasing a cellphone from Mint Mobile ( which is my carrier) and they offer payment with Affirm. I don't know anything about it and would appreciate any feedback anyone could offer. Is this like a credit card, can you be turned down applying for it? Do they charge interest, is it safe?

@Jordan2 I've purchased from companies that use Affirm before and they are safe. I I used them when I bought a new bed last year and would have been charged interest but I paid in full the same day. I was afraid my bank would not let me purchase if I tried buying anything that expensive...

Re: Affirm

Snowpuppy — Sat, 12 Apr 2025 23:11:03 GMT

I did a quick look and sadly Affirm is their only financing option for "eligible customers".

My guess is Mint gets a kickback from the phone mfg and from Affirm.

Re: Affirm

JoyFilled Warrior — Sun, 13 Apr 2025 07:16:29 GMT

Hi @Jordan2

This doesnt answer your question, but I was wondering -

Would Mint Mobile allow to you purchase your own choice of UNlocked Cell Phone from which ever store/location you want, and then let Mint Mobile hook you up with their Internet Service Program using your new UNlocked Cell Phone?

If this is allowed, sometimes, the Internet Carrier might charge a fee to hook up an UNlocked Cell Phone to their Service.

Re: Affirm

elated — Sun, 13 Apr 2025 08:01:48 GMT

Affirm is an installment loan with a fixed payment schedule.. If you pay within 4 months, there is 0 interest.. If you choose longer terms from 3- 60 months depending on purchase the interest rate could be 0-36%. They do a soft credit check and if approved they do a hard check.

Re: Affirm

Jordan2 — Sun, 13 Apr 2025 14:40:10 GMT

@JoyFilled Warrior wrote:
Hi @Jordan2
This doesnt answer your question, but I was wondering -
     Would Mint Mobile allow to you purchase your own choice of UNlocked Cell Phone from which ever store/location you want, and then let Mint Mobile hook you up with their Internet Service Program using your new UNlocked Cell Phone?
     If this is allowed, sometimes, the Internet Carrier might charge a fee to hook up an UNlocked Cell Phone to their Service.

@JoyFilled Warrior yes you can bring your own phone to Mint Mobile as long as it's unlocked. You are not obligated to purchase a phone from them. I just thought it would be easier seeing I'm happy with them ( this phone wouldn't be unlocked being purchased through Mint Mobile).

Re: Affirm

conlt — Sun, 13 Apr 2025 17:04:46 GMT

I have used Affirm once or twice. They take the payment out of your payment method about every 2 weeks. I never had a problem with it, but have not used it often.

Re: Affirm

Pantsonfire2 — Tue, 15 Apr 2025 02:03:29 GMT

@Kachina624 ... I also use PayPal to pay for everything and they go to bat for you should you experience problems with a vendor or shipping company. I ordered something from eBay and they TWICE used my name and address, but changed the delivery address from my address to Miami, Florida. EBay at first said it was a glitch in their IT system but later i had to deal with it myself thru the shipping company. Will never use eBay again ... but ❤️ PayPal.

Re: Affirm

meem120 — Tue, 15 Apr 2025 23:29:04 GMT

I've used it a few times. Basically everything is done in 4 monthly payments. No interest. You can also do every 2 weeks if you want. Never had a problem at all. They'll give you a choice at the end of the transaction.

Re: Affirm

Teddixat — Wed, 16 Apr 2025 00:58:25 GMT

I used Affirm once and it was not a great experience. I used it to buy an expensive handbag from Nordstrom. However when I got the handbag it wasn't what I expected and returned it to Nordstrom. However, I couldn't get Affirm to refund me. They were impossible to reach or speak with someone. Nordstrom couldn't help me because I used Affirm to pay for it. I ended up behind the 8 ball in that one. I have never used those types of credit since.