Do You Need to Be 18 to Use Affirm?

Affirm is a widely recognized “buy now, pay later” service, allowing consumers to divide the cost of purchases into manageable installments over time. This approach to financing can make various goods and services more accessible by spreading out payments. A common question for those exploring this payment method is about the age requirement for participation.

Affirm’s Age Requirement

To use Affirm in the United States, individuals must be at least 18 years of age. This standard age requirement aligns with the legal age of majority in most states, which grants individuals the capacity to enter into legally binding contracts. In some states, such as Alabama, the minimum age is 19. This age restriction is a safeguard tied to the legal framework governing financial agreements.

The contractual nature of Affirm’s service, which involves extending credit and establishing repayment obligations, necessitates that users possess the legal authority to assume such responsibilities. Companies like Affirm adhere to these age requirements due to regulatory obligations and to ensure the enforceability of their lending agreements. There are no exceptions for individuals who do not meet the minimum age.

Other Eligibility Considerations

Beyond the age requirement, Affirm considers several other factors to determine eligibility for its financing options. Applicants must provide a valid U.S. street address and a valid U.S. mobile phone number registered in their name for verification and communication. A verifiable email address and the last four digits of a Social Security Number are also required to confirm identity.

As part of the application process, Affirm conducts a “soft” credit check. This inquiry helps verify identity and assess eligibility without negatively impacting an applicant’s credit score. While a soft inquiry does not affect the credit score, some longer-term “Pay Monthly” plans may involve a “hard” credit check, which can influence a credit score. Affirm does not publish a minimum credit score, but individuals with a score of 640 or higher typically have a better chance of approval, though approvals can occur for those with scores around 550.

Options for Underage Individuals

Individuals under the age of 18 cannot directly use Affirm due to the legal requirements of entering into financial contracts. A minor cannot open an Affirm account or secure a loan in their own name. The responsibility for any debt incurred rests with the person who legally enters the agreement.

For an underage individual to benefit from Affirm’s payment options, a parent or legal guardian who meets all eligibility criteria could make a purchase on their behalf using their own Affirm account. The adult assumes full legal and financial responsibility for the repayment of the loan. Young individuals can focus on building financial literacy through understanding budgeting, saving, and responsible money use until they reach the age of majority.