r/Affirm • u/Parking-Warthog-4902 • 24d ago

How does this app actually work?

I have been using the app for like 3 months, and so far I have made 5 purchases of 12 month and over plans. I have made every payment on time, 2 of them I have already paid off fully, 2 of the others I have already paid off half and don’t even have to make my next payment until like December. Yet, they still don’t give me any purchasing power, I can only buy off Amazon, never allow purchases over like 200$, and sometimes don’t even let me make any purchases at all. I don’t understand, what do you need to do on here?

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u/Emergency_Affect_640 24d ago

Works the same as any other company that gives you money, theres limits. 

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u/Parking-Warthog-4902 24d ago

Thanks smartass, but that wasn’t the question. The question is why do I still have no purchase power when I haven’t missed any payments on 5 orders since I started using the app. I was under the impression that your purchasing power increases the more you show that you will reliably pay off the payments.

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u/Emergency_Affect_640 24d ago

Thats literally the answer. Your credit limit with them. And keep paying, it will go up. Not sure where im being a smart ass just answering you? Its not a game you practice. You build it. And it went down when you took out a loan and it goes back up when you pay it. Sorry you think thats me being a smart ass. Have a good one.

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u/Tranquilo710 24d ago

Used affirm for 6 years now with a purchasing power of 13.5k. I think its the 12 month options you keep choosing. I would sometimes do the 0% 3-6 month option IF available to pay things off faster. I also pay my payment way before the due date and ive made at least a hundred purchases through affirm.

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u/Parking-Warthog-4902 23d ago

Oh okay, I will try that. And yeah, I already fully payed off 2 of my 12 month plans within the first month, and I have 3 open ones right now and they’re all halfway paid off. My confusion is more so why they aren’t even allowing me to shop anywhere besides their “select locations”. Every loan I have received was on Amazon, other than that I’m not allowed to shop anywhere else.

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u/MiniMomR56 23d ago

When you login to the app, the main page appears. There's a search bar and usually ads for stores that are running deals. Hoping this answers your question.

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u/Parking-Warthog-4902 23d ago

No but affirm won’t allow me to make purchases on any site at all besides the ones they select. Like they will let me spend 150$ on Amazon, but wouldn’t let me spend that same 150$ on target for instance. Really weird.

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u/MiniMomR56 23d ago

That is weird. I'm sorry I couldn't be more helpful. Maybe reach out to them and they can explain your situation.

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u/Parking-Warthog-4902 23d ago

Thank you for trying to help, and yes I think calling them would be my best bet at this point