Can I pay off my Affirm loan early without any penalties?

Asked a year ago
Yes, you can pay off your Affirm loan early without any penalties. Affirm offers the flexibility to pay off your loan before the scheduled end date if you wish to do so. Whether you choose to make additional payments or pay off the entire loan amount early, Affirm does not charge any prepayment penalties. Paying off your loan early can help you reduce interest charges and save money in the long run. To make an early payment, simply log in to your Affirm account and select the loan you want to pay off. From there, you can choose to make a one-time payment or set up automatic payments.
Jeff Whelpley is the editor / author responsible for this content.
Answered May 3, 2024

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