Interest Free Financing through Affirm.
How does it work?
On your checkout page, select the Affirm payment option. It will offer you to pay in several installments ranging from two months up to six months. Select the option that best suits your needs, and pay under the installment schedule, interest free!
Do you run a credit check in order to approve me?
Affirm does not run a credit check. The way it works is by putting a hold on the entire order amount on your credit card (full amount is authorized as collateral), but only charging you the installment amount every month until the total price is paid. Your credit hold will therefore be reduced every time a payment is made all the way to payment completion.
How come I am not being charged any interest for this service?
Modani is sponsoring the cost of the service for you, so you are free to enjoy purchasing your furniture without breaking the bank!
Who is eligible?
Anyone with a major credit card (except for American Express) is eligible to qualify for the installment options as long as:
-you are 18 years of age or older
-your order value is over $500
-you are not using a debit card or pre-paid card, and you have a US or Canadian issued credit card
-there is enough credit limit available for the hold to take effect on the entire amount of your purchase
Approval or denial is immediate.
What happens if my credit card expires, is replaced or lost?
You will need to log in to the Consumer Portal and update your credit card information in order to qualify for the installment schedule to continue as planned. Otherwise, upon your old card being deactivated, the entire authorized amount will be charged at once.