Bi-weekly payments installment plans: Your credit scores aren't impacted if your purchase is split into 4 bi-weekly interest free payments using Shop Pay Installments because Affirm doesn't do hard credit pulls or report to credit bureaus when you choose the bi-weekly payment option. However, late payments and missed payments may affect your eligibility to pay with Shop Pay installments in the future.
Monthly payments installment plans: There aren't any late fees for monthly installment payments and your credit score isn't affected when you apply, but it can be impacted if you don't make your payments on time.
*Payment options are offered by Affirm and are subject to eligibility check and might not be available in all states. California residents: Affirm Loan Services, LLC is licensed by the Department of Business Oversight. Loans are made or arranged pursuant to California Financing Law license.