Ok Redditors, I’m coming to the source of experience with Affirm.
So, I decided to use the pay over time plan for a purchase on Amazon, mainly just to establish an option for other potential purchases in the future.
I considered the physical card as just a convenience for use at a physical store but it seems that may not be the case. My “Spending Power” was a few thousand, receiving the physical card, it seems to indicate $30,000.
I’m a little unclear if that means I could go out and find a $20,000 car and buy it right there to drive home?
Or this a theoretical $30,000 limit? Seems like quite a jump, even if my payments are 100% on time and I have an “Excellent” rating for on time payments on my credit reports.
Either way, not looking for $30,000 in debt but just curious if it’s reliable source if there was an emergency my cards can’t cover, like a huge emergency vet bills for something I hope never happens to my dogs.
Thank you for any input