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Is Affirm a Scam?

affirm.comLegitimate Business
Risk Assessment
20%Risk Score
Low Risk

Summary

Affirm is a legitimate, publicly-traded BNPL company (NASDAQ: AFRM). Founded by PayPal co-founder. No hidden fees, but interest rates can be high.

Affirm is NOT a scam. Understand interest rates before using - 0% offers are real but qualification varies.

Company Information

Parent Company
Affirm Holdings, Inc.
Founded
2012
Headquarters
San Francisco, CA
Stock
NASDAQ: AFRM
Employees
2,000+

Trust Indicators

Concerns

  • Interest rates 0-36% APRmedium[source]
  • Easy credit encourages overspendingmedium[source]
  • Missed payments affect creditmedium[source]
BBB Rating
A
Trustpilot
1.7/5
BBB Complaints
5,200

💡 Recommendations

  • 1.Only use if you can afford payments
  • 2.Look for 0% APR offers
  • 3.Understand interest rates first
  • 4.Don't miss payments - affects credit
  • 5.Avoid for everyday purchases

📚 Sources

Affirm Investor RelationsSEC EDGAR - Affirm FilingsNASDAQ - AFRM StockBBB Business ProfileCFPB BNPL Report
Last updated: 2026-01-22

Disclaimer: This analysis is for informational purposes only. Information may be incomplete, outdated, or inaccurate. Our assessments should not be the sole basis for financial, legal, or personal decisions. Always conduct your own research and due diligence.