Affirm was founded with a mission to develop transparent financial products and services that empower consumers and enhance their lives. The overarching goal is to revolutionize the banking industry, making it more accountable and accessible to consumers. Presently, Affirm offers millions of shoppers an alternative to traditional credit cards at the point of sale, granting them the flexibility to make immediate purchases and opt for straightforward monthly payments.
Distinguishing itself from payment alternatives with compounding interest and unforeseen costs, Affirm is committed to transparency. Customers are shown upfront the precise amount they’ll pay each month, with no hidden fees or surprises. Affirm collaborates with over 2,000 merchants, allowing shoppers to pay with Affirm at checkout. This extensive network spans various retail sectors, including home furnishings, travel, personal fitness, electronics, apparel, beauty, and more.
Crucially, loans facilitated by Affirm are in partnership with its originating bank, Cross River Bank, a New Jersey State Chartered Commercial Bank and Member FDIC. This partnership ensures regulatory compliance and upholds the highest standards of financial integrity.