Shop Pay Installments FAQ

Will Shop Pay affect my credit score?

No, if you choose to pay in installments through Shop Pay, there will be no impact to your credit score. For Shop Pay installments, Affirm will not report to credit bureaus.

What if I make a return on a purchase made through installments with Shop Pay?

If we process a refund, the refunded amount will be returned to your original payment method within 3-10 business days, and your balance will be updated. If your refund is less than your total purchase balance, it might not lower your next payment. I

Are there late fees when using Shop Pay?

No, there are no late fees if you is a scheduled payment.

How does paying in installments on Shop Pay work?

Split your purchase into 4 easy payments—with no hidden fees and no surprises. How it works:. Your first payment will either be due at checkout or 2 weeks after your purchase. The next 3 remaining installments will be automatically charged to your ca

What does the option to pay with installments on Shop Pay mean?

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% interest, no hidden or late fees, and no imp

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.