Affirm Financing for The Black Bow Jewelry Company

Affirm Financing

Affirm will allow you break up your payments for items you purchase from us. This page has been created to answer some other questions you might have about their service.

What is Affirm?

Affirm is a financing alternative to credit cards and offers instant financing for your purchase to be paid in fixed monthly payments over 3, 6 or 12 months. 

What do I need to sign up?

• You must be 18 years old (19 years old in Alabama).
• Provide a valid US or APO/FPO/DPO home address.
• Have a valid phone number that you can receive SMS test messages and that phone must be registered in your name.
• Provide your Full name, email address, date of birth and the last 4 digits of your social security number to help identify your identity.

How does it work?

• At checkout, choose Pay with Affirm.
• 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.
• To ensure that you're the person making the purchase, Affirm sends a text message to your cell phone with a unique authorization code.
• 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.
• 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.

How does Affirm approve my loan?

• 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 don't have an extensive credit history.

Does Affirm perform a credit check?

Although Affirm performs a credit check when you apply for a loan, this won't impact your credit score. However, if you're approved and decide to buy with Affirm, your loan and payments may affect your credit score.  Paying on time can help you build a positive credit history. 

My Financing was denied! Why?

The Black Bow Jewelry Company has no information regarding your 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.

What are Affirm's fees?

The annual percentage rate (APR) on an Affirm loan ranges from 10% to 30%. Affirm discloses any required fees upfront before you make a purchase, so you know exactly what you will pay for your financing. Affirm does not charge any hidden fees, including annual fees.  

How do I make a payment?

Before each payment is due, Affirm sends you an email or SMS reminder with the installment amount that is coming due and the due date. You have the option to sign up for autopay, so you don't risk missing a payment.

Follow these steps to make a payment:

• Go to www.affirm.com/account.
• Enter your mobile phone number. Affirm sends a personalized security PIN to your phone.
• Enter this security PIN into the form on the next page and click Sign in.
• After you sign in, a list of your loans appears, with payments that are coming due. Click the loan payment you would like to make.
• Make a payment using a debit card or ACH bank transfer.

If I return an item, how do refunds work?

A refund posts to your Affirm account if we process your refund request. In the event that we issue you store credit instead of a refund, you are still responsible for paying off your Affirm loan.

If you have already made loan payments or a down payment, Affirm issues a refund credit to the bank account or debit card that you used to make the payments. 

How long does it take to get my money back if I return something?

A refund credit appears in your account within three to ten business days, depending on your bank's processing time.

How can I contact Affirm?

You can contact them by visiting their website at www.affirm.com/help or call them at 855-423-3729.