Chesapeake Billiards has partnered with Affirm to give you a simple way to buy the billiard equipment you want now and pay for it later.
What is Affirm?
Affirm is a financing alternative to credit cards and other credit payment products. Affirm offers instant financing for purchases online. With Affirm, you can buy and receive your purchase now, and pay for it in fixed monthly instalments over the course of three, six, or twelve months.
About Affirm - FAQ
How do I Sign Up For Affirm?
Simply select Affirm as your payment method while checking out at Chesapeake Billiards. An Affirm account will be created with the loan application process.
What Is Required To Have An Affirm Account?
To sign up for Affirm, you must:
- Be 18 years or older (19 years or older in Alabama).
- Provide a valid U.S. or APO/FPO/DPO home address.
- Provide a valid U.S. mobile or VoIP number and agree to receive SMS texts. The phone account must be registered in your name.
- Provide your full name, email address, date of birth, and the last 4 digits of your social security number to help Affirm verify your identity.
Are There Any Interest Or Fees Associated With Affirm Loans?
Affirm loans vary between 10% and 30% APR simple interest. The corresponding finance charge is the only fee associated with an Affirm loan - Affirm does not charge late fees, service fees, prepayment fees, or any other hidden fees. Affirm strives to always to be more transparent and fair than any other form of financing.
Do I Have A Credit Limit With Affirm?
Unlike a credit card, Affirm is not a revolving line of credit. While customers can take out multiple Affirm loans at once, each Affirm loan application is evaluated separately as a closed-end transaction. An application from a returning customer may be denied, however, if that customer has failed to repay other Affirm loans on time or if the customer shows excessive borrowing behavior.
Does Affirm Perform A Credit Check?
Yes, when you first create an Affirm account, Affirm will perform a ‘soft’ credit check to help verify your identity and determine your eligibility for financing. This ‘soft’ credit check will not affect your credit score. If you apply for more loans with Affirm, Affirm may perform additional ‘soft’ credit checks to ensure that they offer you the best financing options possible.
What is Cross River Bank And How Is It Related To Affirm?
Cross River Bank is a New Jersey-chartered bank and is the lender for all Affirm loans.
Is My Personal Information Secure With Affirm?
Buy With Affirm - FAQ
How Do I Check Out With Affirm?
Affirm offers clear, simple financing for your online purchases in just a few clicks:
- Fill your cart and select the Affirm payment option on Chesapeake Billiards checkout page.
- Enter a few basic pieces of information to identify yourself. Affirm will let you know if you are approved for a loan in real time.
- Review your payment plan details and click confirm to finalize the loan. Once you’re done, your purchase will be on its way. That's it! Just remember to pay your bills on or before their due dates or sign up for autopayment at www.affirm.com/pay.
Why Was I Prompted For A Down Payment?
Affirm is not always able to approve financing for the full amount of a purchase. When this happens, you will have the option of using a debit card to pay for the rest of your purchase. Regrettably, the down payment amount can’t be changed if prompted.
Why Was I Prompted To Link My Checking Account?
Affirm sometimes needs more information about your financial situation to evaluate your loan application. Affirm may ask you to link your online checking account, which helps us determine your ability to repay a loan. If you are prompted to link your checking account and would like to continue with the application process, you may link your account by providing the login information for your online bank account. Affirm does not store your online banking login information - we simply pass your login credentials to your bank via a secure service linking your checking account.
Linking your checking account DOES NOT authorize Affirm to debit your account. It only allows Affirm to determine your ability to pay.
Why Was My Purchase With Affirm Not Approved?
While Affirm strives to offer all creditworthy applicants financing with Affirm, They simply aren’t able to approve every loan application. If Affirm was not able to approve your application, Affirm will immediately notify you of our decision and denial reason via a secured message.
What Is The Status Of My Purchase?
Once you have completed your checkout and confirm the purchase with Affirm, your purchase is sent to Chesapeake Billiards for processing. Updates to your order can be tracked in your Chesapeake Billiards customer account.
Why Is My Loan Still Being Processed?
Your loan will be in a “processing” state while Chesapeake Billiards finalizes your purchase. Chesapeake Billiards will not finalize your loan until your products are ready to ship. Affirm will let you know when your purchase has been finalized and your first bill is due. To view the status of your Affirm loan(s) , please visit your Affirm account at www.affirm.com/account.
How Do I Cancel A Transaction After Placing An Order, But Before Receiving The Items?
Cancellations are subject to Chesapeake Billiards order cancellation policy. Please contact the Chesapeake Billiards if you would like to cancel a transaction before receiving the item(s). If your loan is still in a “processing” state when we agree to cancel your order, the loan will automatically be removed from your Affirm account. If Chesapeake Billiards cancels your order after your loan has been processed, your loan will reflect a refund in the amount of your purchase as soon as we processes the cancellation.
How Do I Return And Get A Refund For My Purchase?
Returns are subject to Chesapeake Billiards return policy Please contact Chesapeake Billiards if you would like to return your item(s). Affirm will only issue you a refund if the merchant receives your returned items and processes the refund within 120 days from the date of purchase. Affirm will credit any payments you have made on your loan, up to the amount of the refund, to the original form of payment within 3 to 10 business days of the refund. If, however, the merchant issues you store credit, you will still be responsible for repaying your loan.
What Happens To My Monthly Payments If Chesapeake Billiards Gives Me A Partial Refund?
The partial refund will first be credited to the last monthly bill associated with your loan. If the refund amount is greater than the last monthly bill amount, the remainder of the refund will be applied to the preceding month. All other payment amounts will not change from your original terms.
Paying Your Bills With Affirm - FAQ
How Do I Pay My Bills?
You can pay your Affirm bills online, by debit card or ACH transfer, and sign up for autopayment at www.affirm.com/pay. Please allow 3 to 5 business days for ACH transfers to be reflected on your Affirm account.
To pay by check, please write on each check (1) the mobile phone number you used to create your Affirm account, and (2) the loan ID (which you can find by signing in at www.affirm.com/pay and clicking on the applicable loan). Make the check payable to “Affirm, Inc.” and mail it to:
Affirm, Inc. PO Box 2854 San Francisco, CA 94126
You must submit a separate check for each loan you have with Affirm. If you have more than one loan with Affirm and do not write the loan ID on your check, Affirm will apply your payment to the oldest loan first. Please allow 10 business days for your check to be processed from the date of receipt.
Will Affirm Send Me Billing Reminders?
Affirm will send you email and SMS text messages to remind you of upcoming payments.
When Are My Bills Due?
Your first monthly payment will be due one calendar month from the date your loan is processed. Affirm will send you an email and SMS text message to confirm all of your billing due dates.
Each monthly payment will be due on the same day of the month throughout the loan period. For example, if you obtain a loan with three monthly payments on January 1st, your first, second, and third payments will be due February 1st, March 1st, and April 1st respectively.
What Happens If I Don't Pay My Bill?
Affirm hopes that all of our users honor their loan agreements with Affirm. Please understand that when you take out a loan through Affirm, you are entering into a legal obligation to repay the balance of the loan. This is no different from other agreements to repay people or businesses for goods and services. While Affirm hopes they never have to do so, Affirm reserve the right to refer delinquent accounts to collections. For any questions about this, or if you would like help paying your balance, please contact Affirm. You may review Affirms Terms and Conditions here.
What If I Need More Time To Pay My Bill?
Unfortunately, Affirm is unable to grant extensions at this time. Rest assured that Affirm will not impose any late fees or additional interest. But a late payment may prevent Affirm from approving any future applications for financing.
Are There Any Penalties For Paying Off My Loan Early?
No, there are no prepayment penalties or fees for paying off your loan early. Also, if you pay off your entire loan before the final due date, you will pay interest only for the period that you borrowed the money. Affirm rebates any unearned portion of the finance charge for the remaining loan period. To see the total pay-off amount, go to your Affirm account and click on ‘Make Payment’.