How To Use Affirm at Walmart (2023 Updated)

As you enter the bright, airy Walmart store, you are immediately enveloped in a sea of blue. After a bit of shopping for a new phone, you make your way to the checkout line, and realize you do not have your purse! You pat your pockets down, but it is nowhere to be found. In a panic, you remember that you left it at home.

This is where Affirm comes in handy. With Affirm, you can shop now and pay later at Walmart all from your phone – no credit card required! 

So, you may be wondering how to use Affirm at Walmart. Well, let me take you through a step-by-step guide!

What Is Affirm?

Affirm is a financing option that allows you to shop now and pay later at select online retailers. With it, you can finance your purchase over time with monthly payments.

 It is available at select retailers, and you can use it for a variety of items, including electronics, furniture, mattresses, and more. The company was established in 2013 by PayPal co-founder Max Levchin and is headquartered in San Francisco, California.

How Do I Qualify To Use Affirm at Walmart?

Well, you must be 18 years or older, have a valid U.S. or Canadian home address, and a Social Security number to qualify. 

How To Use Affirm At Walmart

1.  Create an account with Affirm. To do this, you will need to provide your full name, email address, date of birth, as well as the last four digits of your Social Security number.
2.  When you are ready to checkout at Walmart, select Affirm as your payment method.
3.  Enter some basic information about yourself and your purchase.
4.  Affirm will provide you with a loan offer. If you accept the offer, you will be asked to provide your bank account information so that they can set up automatic payments.
5.  Once you have completed the process, your purchase will be complete, and you will begin making monthly payments to Affirm.

What Can I Use Affirm For At Walmart?

You can use the payment method for a variety of purchases at Walmart, including electronics, homeware, and more. 

However, you cannot use it to purchase groceries. So, if you need a new television or sofa, Affirm can help you finance your purchase but not if you need milk and bread. You also cannot purchase tobacco products, alcohol, or gift cards.

What Is My Walmart Payment Schedule with Affirm?

Your payment schedule will depend on the loan offer that you are approved for. 

You will have the option to make monthly payments over 3, 6, 12, 18, or 24 months. This will allow you to spread out your payments and make them more manageable. Keep in mind that you will need to make all of your payments on time to avoid any late fees or interest charges.

Does Affirm Affect Your Credit Score?

Affirm does report your payment history to the major credit bureaus. So, if you miss a payment or have a late payment, it could affect your credit score. However, they offer a variety of flexible payment options so that you can choose the one that best suits your needs. Nevertheless, signing up with Affirm will not impact your credit score.

Is a Good Credit Score needed to Qualify for Affirm at Walmart?

No, you do not need a good credit score to qualify for Affirm at Walmart. The payment app is available to borrowers with a variety of credit scores.

 But they do perform a soft credit check when you apply for a loan. But this means that your credit score will not be impacted by the application. A soft check is when a company checks your credit report to get an idea of your creditworthiness, but it will not affect your score.

What Fees and Interest Rates Does Affirm at Walmart Charge?

They charge interest rates between 0-30% APR. There are also no fees associated with using it. This means no fees for late payments, origination, prepayment, or anything else. You will simply need to make your monthly payments on time to avoid any interest charges.

Is There a Minimum Purchase Amount for Affirm at Walmart?

There is no minimum purchase amount; you can use it for any purchase that you would like, no matter how big or small.

What Is A Virtual Card?

A virtual card is a credit card that is not physical but instead exists only as a number. You can use your virtual card just like you would use a physical credit card to make online or over-the-phone purchases. When you are ready to check out, you will just need to enter your card number, expiration date, and security code.

How Do I Use My Walmart Affirm Virtual Card?

To use your Walmart, Affirm virtual card, as just mentioned, simply enter your card number, the expiration date, and your security code at checkout. You will then be able to complete your purchase as normal. You can use your virtual card any place that accepts Visa, Mastercard, or Discover.

What Are The Benefits Of Using Affirm?

There are many benefits of using Affirm over a normal credit card, including:

What Are The Disadvantages Of Using Affirm?

Along with benefits, there can be some disadvantages of using Affirm, such as:

How To Manage Money Using Technology

In today’s interconnected world, there are a variety of ways that you can manage your money using technology. Here are a few examples…

Use a budgeting app to track your spending and create a budget

There are many budgeting apps available that can help you track your spending and create a budget. Some popular options include Mint, You Need a Budget (YNAB), and EveryDollar.

Use a money transfer app to send and receive money

Numerous apps allow you to send and receive money, such as Venmo, Cash App, and PayPal. These can be useful for splitting bills with friends or family, or for sending money to someone who is in another country.

Use an investment app to invest your money

If you are looking to invest your money, several apps can help you do so. Popular options include Acorns, Robinhood, and Stash.

Use a financial tracking app to track your net worth, income, and expenses

This information can be useful in helping you make financial decisions. Some of the common apps used include Personal Capital and Mint.

Use a credit monitoring service to monitor your credit score and report

It is important to keep an eye on your credit score and report, and there are a few services that can help you do so, such as Credit Karma and Experian.

Don’t Just Shop At The Superstore!

Working in retail as your first job can be fun, and you make loads of friends at the same time!

Let’s help you land that first job with our in-depth guide to the Walmart Application, the most frequently asked Walmart Interview Questions, as well as the Walmart Cashier Interview Questions, and if you’d like to start as a warehouse stocker, our in-depth Walmart Stocker Job Description will give you all the necessary info you need in 2023!

Please note before removing forward, to check up on Does Walmart Drug Test, and especially Does Walmart Hire Felons if you happen to have a criminal record.

All in the clear? Great news! Then make sure you’re ready by learning more about How Long Is Orientation At Walmart, along with What Are The Walmart Intercom Codes for your first day, or perhaps you’d like to know Does Walmart Pay Weekly or Does Walmart Hire At 16, depending on your age.

How To Use Affirm At Walmart – Final Thoughts

There are a variety of ways that you can use technology to manage your money. Affirm is just one example of how you can use it to finance a purchase. Many other apps and services can help you budget, invest, track your spending, and more. Choose the ones that work best for you, and they will help you meet your financial goals.

Affirm can help you to buy what you need, whether it is in-store or online. This is a great way to finance bigger purchases and allow you to buy better quality items you may not be able to afford in one payment. Just make sure to keep on top of your monthly payments!

So, you now know how to pay with Affirm at Walmart!