This analysis describes what Affirm's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
The disclosed rate range reveals that borrowing through Affirm can carry a significant interest cost of up to 36% fixed APR, and the 0% APR option is not universally available.
The reader may be charged up to 36% fixed APR, with the actual rate depending on their creditworthiness and/or the product type; 0% APR is only possible at select merchants.
How other platforms handle this
Charge interest on any overdue payments at a rate equal to the Reserve Bank of Australia's cash rate, from time-to-time, plus 2% per annum, calculated daily and compounding monthly.
If the rate of such tax changes, DeepL may adjust the rate according to such change in law.
If you do not timely cancel your subscription, your subscription will be renewed at the full price as indicated when the purchase was made, without any additional action by you, and you authorize us to charge your payment method for these amounts.
"Rates range from 0% to 36% fixed Annual Percentage Rate ("APR"), depending on your creditworthiness and/or the type of product offered (0% APR may only be offered at select merchants).Excerpt from Affirm's Terms of Service
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The disclosed rate range reveals that borrowing through Affirm can carry a significant interest cost of up to 36% fixed APR, and the 0% APR option is not universally available.
The reader may be charged up to 36% fixed APR, with the actual rate depending on their creditworthiness and/or the product type; 0% APR is only possible at select merchants.
ConductAtlas has identified this type of provision across 230 platforms. See the full comparison.
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