Affirm Terms Scorecard

Grade F — Predatory terms (score 49/100)

Affirm forces binding arbitration and class action waivers, disclaims all liability for service failures, and reserves the right to modify terms unilaterally without direct notice.

Forces arbitration, broad liability disclaimers, and unilateral term changes.

Terms at a glance

Sells your data
NO
Forced arbitration
YES
Trains AI on your content
UNCLEAR
Collects biometric data
YES
Shares data with government
LIKELY
Easy to cancel
NO
Tells you before changes
NO
Deletes data on request
UNCLEAR

What the terms actually say

Section 5 — Mandatory Arbitration

any dispute or claim... shall be resolved by binding arbitration... CLASS ACTION WAIVER: You and Affirm each agree that any arbitration will be conducted only on an individual basis and not as a class, consolidated or representative action.

You cannot sue Affirm in court or join a class action; all disputes must be handled through individual binding arbitration.

Section 6.7 — Limitation of Liability

AFFIRM AND ITS AFFILIATES HAVE NO LIABILITY WHATSOEVER FOR YOUR USE OF ANY PRODUCT AVAILABLE FROM OR THOUGH THE WEBSITE OR THE USE OF THE SERVICES.

Affirm attempts to eliminate all legal responsibility for any damages you suffer while using their service.

Section 1 — Changes to this Agreement

Affirm may unilaterally decide to change this Agreement from time to time... it is your responsibility to review the Agreement posted to our website from time to time to see if it has been changed.

Affirm can change the rules at any time, and you are responsible for checking the website yourself to see if they have done so.

Section 3 — Closing Your Account

Your Affirm account cannot be closed until at least 30 days after your final loan payment. Your request may take up to 30 business days to process.

You cannot simply close your account; you must wait for a long processing period after your loans are fully paid.

Section 2 — Working with Third Parties

In certain circumstances, Affirm uses Jumio for identity verification purposes. You consent to Jumio collecting, processing, and sharing your personal information, which may include biometric data, pursuant to Jumio's Privacy Notice.

Affirm uses third-party services that collect your biometric data for identity verification.

Section 2 — Communication & Notification

You give direct consent to us... to communicate with you in any way... automated dialer systems and automatic telephone dialing systems

You authorize Affirm to use automated systems to contact you via phone or text.

Last reviewed 2026-08-03 under rubric v3.5.

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