How Do You Get Affirm to Approve Your Denied Application?

Are you looking to make a big purchase such as television, new furniture, or even musical equipment but you do not have hard cash at hand? There is no need to worry since Affirm provides you with an incredible alternative to plunking that balance on your credit card.

Affirm offers easy, affordable, and quick financing with no hidden fees and flexible terms. When you are purchasing an item at any participating retailer, you simply choose the option of checking out with Affirm, and that is it.

You can also sign up for an Affirm account on the company's website. The interest rate charged on any borrowed amount range from 10 to 30 percent and you can repay your debt in three, six, or even 12 months.

One of the biggest benefits of using Affirm to finance your purchases is that there is no prepayment penalty. This means that if you pay back your loan before the final due date, you will only pay the interest that has already accrued.

However, not everybody can qualify for Affirm financing. So, what can you do to get Affirm to approve your denied application? Read on to find out everything that you need to know about Affirm financing.

Why Was Your Application Denied?

If your Affirm application was denied, the best thing that you need to do is try to figure out was you were denied financing. You need to look back at your application and figure out what you did wrong.

Contacting Affirm may not help since the company does not store information regarding a customer's financial denial. The company says that it strives to offer all credit-worthy applicants financing, but it is not possible to provide credit in every case.

When Affirm declines your financing application, it will send you an email with more details about its decision. Make sure that you check your email and read this email to understand why your financing application was rejected.

Provide Correct Personal Details

When applying for Affirm financing, the company will ask you for a few pieces of personal information that include: official name, mobile phone number, email address, date of birth, and the last four digits of your social security number.

It is critical to double-check every detail and ensure that it is correct before submitting your application. Affirm will use this information to verify your identity and make an instant financing decision.

You need to keep in mind that Affirm bases its financing option not only on your credit score but also a wide range of other factors. This is a significant advantage because it ensures that you can obtain financing from the company even if you do not have an extensive credit history.

Fulfill All Other Requirements

Apart from providing correct personal details, there are also other requirements that you need to fulfill to qualify for Affirm financing. Be you sign up, make sure that:

• You are above 18 years old
• You have a valid U.S or DPO/FPO/APO home address
• You have a valid U.S mobile number. Alternatively, you can use a VoIP number but make sure that you agree to receive text messages
• The mobile phone account must be registered in your name

Affirm is an excellent option if you want to make a relatively big purchase, but you cannot afford to pay upfront. It is an incredible alternative to credit cards and let you take control of your financial life. But, the biggest drawback of Affirm is the limited number of retailers that accept it as a payment option.

These steps should help you convince Affirm to overturn their decision to deny your application.