Vivid Racing is dedicated to helping you get the performance parts you need for your vehicle. Understanding that quality car upgrades are an investment, we’ve partnered with Affirm to offer flexible financing solutions. Get the car tools and performance parts you want now and pay over time with fixed monthly payments and transparent APR rates from 10-30%. Whether you are shopping online or prefer to order by phone, Affirm provides an instant decision to get you one step closer to upgrading your ride. For phone orders, simply fill out our finance form and a Vivid Racing Performance Specialist will reach out to guide you through the application process.
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Discover Affirm Financing for Auto Enthusiasts
Affirm provides a straightforward and transparent way to finance your car tools and performance parts. Forget complicated credit applications and hidden fees. Affirm offers a clear breakdown of your payment schedule, ensuring you know exactly what to expect.
Understanding Affirm: Your Questions Answered
To help you understand how Affirm can work for your car part purchases, we’ve compiled some frequently asked questions:
How do I create an Affirm account to finance my car tools?
Getting started with Affirm is simple. You have two convenient options:
- Visit www.affirm.com/account and follow the easy steps to create your account directly.
- When you’re ready to checkout on our website, simply select Affirm as your payment method. The signup process is integrated directly into the Vivid Racing checkout experience.
What are the requirements for an Affirm account?
To be eligible for an Affirm account, you will need to meet the following criteria:
- Be at least 18 years old (19 in Alabama, or if you are a ward of the state in Nebraska).
- Have a valid U.S. or APO/FPO/DPO home address. Please note that Affirm is currently not available to residents of Iowa or West Virginia.
- Provide a valid U.S. mobile or VoIP number and agree to receive SMS texts for account verification and updates.
- Provide your full name, email address, date of birth, and the last 4 digits of your Social Security number. This information helps Affirm securely verify your identity.
What about interest and fees with Affirm loans for car tools?
Affirm is committed to transparency. Affirm loans come with simple interest rates ranging from 10% to 30% APR (0% APR may be available for select promotions). The finance charge associated with your loan is the only fee you’ll encounter. You won’t be charged late fees, service fees, prepayment penalties, or any other hidden costs. Affirm prides itself on offering a fairer and more transparent financing experience than traditional options.
What payment options does Affirm offer for car part purchases?
For purchases of $100 or more at Vivid Racing, Affirm allows you to choose payment plans over 3, 6, or 12 months. For smaller purchases between $50.00 and $99.99, you can select between 3 or 6-month payment options. Keep an eye out for special promotions from Vivid Racing and Affirm, as some merchants may offer different terms, including a 30-day payment option for purchases under $50. Use Affirm’s handy cost calculator to estimate your payments.
Does Affirm set a credit limit like a credit card?
No, Affirm is different from a revolving credit card. Each Affirm loan is for a specific purchase and is evaluated individually. While you can have multiple Affirm loans at the same time, each application is considered a closed-end transaction. Loan applications can be denied if previous Affirm loans haven’t been repaid on time or if there are signs of excessive borrowing.
Will Affirm check my credit when I apply for financing?
Yes, Affirm performs a ‘soft’ credit check when you initially create your account. This soft credit check helps verify your identity and determine your financing eligibility and does not affect your credit score. Affirm may perform further soft credit checks for subsequent loan applications to ensure the best possible financing options are offered to you.
Does Affirm report my payment history to credit bureaus?
Yes, Affirm helps you build your credit history. For loans originated 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. While Affirm reporting can positively contribute to your credit history through responsible repayment, the exact impact on your credit score is determined by various factors used by FICO and credit bureaus, including payment history, credit utilization, credit history length, and recently opened accounts.
Who is Cross River Bank and what’s their role with Affirm?
Cross River Bank, a New Jersey State Chartered Commercial Bank and Member FDIC, is the lender that provides all Affirm loans.
How secure is my personal information with Affirm?
Protecting your personal information is a top priority for Affirm. Sensitive data, including Social Security numbers, is encrypted. Affirm maintains robust physical, electronic, and procedural safeguards to protect your information and does not sell or rent your information to anyone. For more detailed information, please review Affirm’s Privacy Policy here.
For more information, visit the comprehensive Affirm FAQ Section.
Upgrade your vehicle today with convenient and transparent financing from Affirm at Vivid Racing!
