What happens if I miss a payment on my Affirm loan?

If you happen to miss a payment on your Affirm loan, you may incur some consequences. Firstly, your credit score can be negatively affected depending on the severity and duration of the delinquency. Additionally, Affirm may charge you a late fee, which can vary depending on your loan terms and the state you reside in. It is important to address the missed payment as soon as possible to minimize the impact on your credit profile and avoid accruing further fees. If you anticipate difficulty in making a payment, it is recommended to reach out to Affirm's customer service team to discuss potential alternatives or arrangements that may help you fulfill your financial commitment.