How it works

Sometimes we’ll approve a customer for a loan, but not for the full amount to cover the entire purchase. When this happens, we notify the customer that they’ll need to make a down payment. Customers can use a debit card, credit card, or bank account for the down payment.

The customer will select the loan terms and enter their payment information for the down payment.

Downpayment flow

The downpayment checkout process includes the following steps:

1. Enter information to create an account.

2. Enter a PIN.

3. Select loan terms.

4. Review payment plan.

5. Enable autopay (optional).

6. Confirm loan

Check that you've read the term and conditions and click CONFIRM LOAN. After confirming the loan, the customer returns to the merchant's site, where they see a confirmation number that verifies their transaction. The customer also receives an email and SMS confirmation from Affirm.

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