This is a responsible and flexible alternative to traditional financing, and is the most popular option students choose.

It’s great for students who are juggling other major purchases or who have high APR on their card. It’s also ideal for anyone who is hesitant to take out a new credit card line or apply for financing.

How it works:

Your credit card will be pre-authorized for the full total, but you will only be charged for 1/4 upfront. (Pre-authorization just means that the funds are reserved, similar to how hotels pre-authorize funds when a customer checks in.) The balance is then divided into 4 equal payments. Your credit card will only be charged 1/4 of the balance each month.

The benefits of this flexible option:

• Zero interest
  Because the full total splits unto 4 equal payments, you can avoid interest altogether by paying it off each month. You can also continue to earn credit card rewards and points.

• Uses existing credit card(s)
  This option allows you to make interest-free monthly payments. Unlike most financing options on the market, this option uses your existing credit limit rather than issuing new debt. It works like a regular credit card purchase, except only a portion of the cost hits your card each month.

• Quick approvals
  This option has a fast application and approval process, as it simply charges your existing credit card. This saves time and hassle, and you will not see a negative impact on your credit score.

With this option, you will need to enter a few basic pieces of information to identify yourself. Affirm will let you know if you are approved for a loan in real time. You will then see all your different 3-12 month schedule options and how much your monthly payments will be. (You can always try financing using your Credit Card if you are not approved for this option.)

The benefits of this flexible option:

• No hidden fees, no surprises.
  Know upfront what you’ll owe, with no hidden costs and no surprises.

• Quick and easy approval in minutes.
  Enter a few pieces of information and get a real-time credit decision. (Will not affect your credit score.)

• Comfortable financing options.
  Choose from 3-12 months schedule that works best for you and your budget.

• Make easy monthly payments.
  Setup auto pay and make payments at affirm.com. You’ll get email and text reminders so you never miss a payment.