Shop Pay Installments
WHAT IS THE OPTION TO PAY IN INSTALLMENTS ON SHOP PAY?
When checking out with Shop Pay, you now have the option to pay now or later. Paying in installments on Shop Pay allows you to split your purchase amount into 4 equal, biweekly installment payments—with 0% APR, no hidden or late fees. Checking eligibility has no impact to credit.
In some instances, your first payment is due when you make your purchase; otherwise, your first payment is due 2 weeks after your purchase.
HOW DOES PAYING IN INSTALLMENTS ON SHOP PAY WORK?
WILL USING THE INSTALLMENTS FEATURE ON SHOP PAY IMPACT MY CREDIT SCORE?
Checking eligibility to pay installments through Shop Pay has no impact to your credit score. For Shop Pay installments, Affirm will not report to credit bureaus.
WHICH PAYMENT METHODS ARE ACCEPTED IF I USE THE OPTION TO PAY IN INSTALLMENTS ON SHOP PAY?
The installments option on Shop Pay is available on debit and credit cards.
ARE THERE LATE FEES?
No, there are no late fees if you miss a scheduled payment.