Vivid Racing understands that upgrading your vehicle with aftermarket car parts can be a significant investment. That’s why we’ve partnered with Affirm to offer flexible and transparent financing options, making it easier than ever to Finance Aftermarket Car Parts and get the performance enhancements you desire. With Affirm, you can enjoy fixed monthly payments and APR rates ranging from 10-30%, ensuring you can budget effectively without hidden fees. Whether you’re ordering online or prefer to speak with a specialist, financing your aftermarket car parts is straightforward and quick. For phone orders, simply fill out the form below, and one of our Performance Specialists will reach out to guide you through the application process.
Understanding Aftermarket Car Parts Financing with Affirm
How Can I Sign Up for Affirm to Finance Aftermarket Car Parts?
Getting started with Affirm for your aftermarket car parts financing is simple and convenient. You have two primary options:
- Visit www.affirm.com/account to create an Affirm account. The process is quick and user-friendly, allowing you to set up your account in just a few easy steps.
- Alternatively, when you’re ready to checkout on our website after selecting your desired aftermarket car parts, simply choose Affirm as your payment method. This option allows you to apply for financing directly during your purchase process.
What Are the Requirements to Finance Aftermarket Car Parts with Affirm?
To be eligible for financing aftermarket car parts through Affirm, you need to meet a few basic criteria:
- You must be at least 18 years old (19 in Alabama or if a ward of the state in Nebraska).
- You need to provide a valid U.S. home address, including APO/FPO/DPO addresses. Please note that financing with Affirm is currently not available to residents of Iowa or West Virginia.
- A valid U.S. mobile or VoIP number is required, and you must agree to receive SMS text messages for account updates and communication.
- To help verify your identity, you will need to provide your full name, email address, date of birth, and the last 4 digits of your Social Security number.
Are There Interest or Additional Fees When Financing Aftermarket Car Parts?
Affirm prides itself on transparency, especially when it comes to financing aftermarket car parts. Affirm loans come with simple interest rates between 10% and 30% APR (0% APR may be available for select promotions). The finance charge associated with your loan is the only cost you will encounter. Unlike traditional financing, Affirm does not charge late fees, service fees, prepayment penalties, or any other hidden fees. We believe in providing a financing solution that is both fair and easy to understand for your aftermarket car parts purchases.
What Payment Options Are Available for Financing Aftermarket Car Parts?
When you finance aftermarket car parts of $100 or more with Affirm, you have the flexibility to pay over 3, 6, or 12 months. For smaller purchases between $50.00 and $99.99, you can choose between 3 or 6-month payment plans. Some merchants may offer different terms, including a 30-day payment option for purchases under $50. Use Affirm’s cost calculator to estimate your payments and understand the financing terms for your specific aftermarket car parts.
Does Affirm Set a Credit Limit for Aftermarket Car Parts Financing?
Affirm operates differently from a traditional credit card. It is not a revolving line of credit. While you can have multiple Affirm loans for different aftermarket car parts or purchases, each loan application is treated individually as a closed-end transaction. This means that each time you apply to finance aftermarket car parts, your application is evaluated separately. Keep in mind that even for returning customers, an application might be denied if there’s a history of late payments on previous Affirm loans or indications of excessive borrowing behavior.
Will Affirm Check My Credit When I Apply to Finance Aftermarket Car Parts?
Yes, when you create an Affirm account for the first time, we perform a ‘soft’ credit check. This initial check helps us verify your identity and assess your eligibility for financing aftermarket car parts. Importantly, this ‘soft’ credit check does not impact your credit score.
For subsequent loan applications with Affirm, including those for financing additional aftermarket car parts, we may conduct further ‘soft’ credit checks. These checks ensure we continue to offer you the most suitable financing options.
Does Affirm Report Payment Behavior to Credit Bureaus?
Yes, Affirm is committed to helping you build a positive credit history while you finance aftermarket car parts and repay your loans. For loans initiated on or after August 3, 2016, Affirm reports your loan and payment activity to Experian, with plans to include other credit bureaus in the future.
It’s important to understand that credit scores are calculated using proprietary methods by FICO and credit bureaus. Therefore, we cannot precisely predict how financing aftermarket car parts with Affirm will affect your credit score. Credit scores are influenced by various factors, including your payment history, the amount of credit you’re using, the length of your credit history, and the number of recently opened accounts.
Who is Cross River Bank and What’s Their Role in Affirm Financing?
Cross River Bank, a New Jersey State Chartered Commercial Bank and Member FDIC, is the financial institution that provides the loans for all Affirm financing, including those used for purchasing aftermarket car parts.
How Secure Is My Personal Information with Affirm?
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Protecting your personal information is a top priority for Affirm. We use robust encryption to secure sensitive data, including Social Security numbers. We also maintain stringent physical, electronic, and procedural safeguards to protect your information from unauthorized access. Rest assured, Affirm does not sell or rent your personal information to third parties. For more details, please review our comprehensive Privacy Policy here.
