This Won't Affect Your Credit Score Or Show Up On Your Credit Report.

Each month or so your credit card issuer (among a few other businesses) reports your account activity to one or more of the three major credit bureaus to be included in your. There is no minimum credit score to use. Affirm reports that you're more likely to be approved for their financing with a score of 640 or higher.

Making A Late Payment On Almost Any Credit Account Will Cause A Derogatory Mark.

There are user reports of being approved with a score. If you have good or excellent credit (690 credit score or higher), you may consider a 0% apr credit card. Affirm currently reports some loans to experian and may report to other credit bureaus in the future.

Set Up Easy, Automatic Payments

Unlike soft credit checks, hard credit checks do impact your credit score. Affirm generally just conducts a soft pull of applicants' credit histories, which doesn't affect their scores. Affirm can damage your credit through two mechanisms:

Please Note That This Can Include Loans With Delinquent.

Having a low credit score doesn’t mean you’ll be denied an affirm loan, but it could affect the interest rate you are charged. Affirm performs a ‘soft’ credit check that does not affect your credit score. Affirm reports that you're more likely to be approved for their financing with a score of 640 or higher.

Affirm's Underwriting Model Does Not Use A Hard Credit Check.

Interest rates for affirm loans range from 0 to 30. The lenders review of your loan eligibility wont affect your credit. Affirm does a soft pull of your credit history which typically does not impact your credit score.