Number of Retailers<\/td> | Over 3000 merchants<\/td> | Over 190,000 retailers in 17 countries<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\nDo both services do credit checks?<\/h2>\n\n\n\nDepending on they type of financing you choose will impact on whether a soft or full credit check is performed. Affirm carries out a \u2018soft\u2019 credit check for all purchases made. <\/p>\n\n\n\n Klarna perform \u2018soft\u2019 checks on their interest free products but \u2018hard\u2019 credit checks if you are financing over a 6 month period.<\/p>\n\n\n\n Does a hard credit check affect my credit score?<\/strong><\/p>\n\n\n\nYes, a hard credit check also known as a \u2018full\u2019 credit check may impact your credit score. You can expect your credit score to drop between 5-10 points if a hard check is done against your name. <\/p>\n\n\n\n We recommend keeping hard credit checks to a minimum and only using them for credit purchases on large lines of credits such as car financing or mortgages. <\/p>\n\n\n\n To avoid a hard check use Affirm for any financing over 3 months. Paying on time can also help build a positive credit history.<\/p>\n\n\n\n Return or cancellation policies <\/h2>\n\n\n\nA common question is, can I return my purchases made with Affirm or Klarna? Both services offer refunds and cancellations, however you may be charged interest even if the retailer offers a full refund. <\/p>\n\n\n\n Affirm does not refund any paid interest on short term financing. This is something to be aware of when purchasing. We recommend contacting the retailer as soon as you need to return to avoid paying interest. Affirm will return the principal amount between 3-10 business days after the retailer has confirmed a refund.<\/p>\n\n\n\n Klarna offers a full refund if using any of their interest-free payment options. Full refunds must be issued first by the retailer. Make sure you get in contact with the merchant as soon as you can.<\/p>\n\n\n\n So which is best Klarna or Affirm?<\/h2>\n\n\n\nWhile both services have overlapping products the right service depends on the type of purchase you are making. We recommend using Affirm for larger purchases where you want to spread the cost over 3 months as you can benefit from interest rates as low as 0% without impacting your credit score. <\/p>\n\n\n\n If you are purchasing anything under $200 then we recommend Klarna\u2019s interest-free options as you can spread the costs and delay payment until you are completely happy with your purchase.<\/p>\n\n\n\n If you have used either Affirm or Klarna we would love to hear your thoughts in the comments below.<\/p>\n","protected":false},"excerpt":{"rendered":" Before you start using Affirm or Klarna it is important to fully understand how the two payment services work, especially what costs or fees might be involved. In this review we\u2019ll compare both services and tell you the differences. What are the key differences? Affirm is a short term lender which allows you to spread …<\/p>\n Affirm vs Klarna – Which is best?<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":2,"featured_media":76,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","footnotes":""},"categories":[2],"tags":[19,14],"uagb_featured_image_src":{"full":["https:\/\/paylaterguide.com\/wp-content\/uploads\/2020\/03\/affirm-vs-klarna-review.jpg",750,500,false],"thumbnail":["https:\/\/paylaterguide.com\/wp-content\/uploads\/2020\/03\/affirm-vs-klarna-review-150x150.jpg",150,150,true],"medium":["https:\/\/paylaterguide.com\/wp-content\/uploads\/2020\/03\/affirm-vs-klarna-review-300x200.jpg",300,200,true],"medium_large":["https:\/\/paylaterguide.com\/wp-content\/uploads\/2020\/03\/affirm-vs-klarna-review.jpg",750,500,false],"large":["https:\/\/paylaterguide.com\/wp-content\/uploads\/2020\/03\/affirm-vs-klarna-review.jpg",750,500,false],"1536x1536":["https:\/\/paylaterguide.com\/wp-content\/uploads\/2020\/03\/affirm-vs-klarna-review.jpg",750,500,false],"2048x2048":["https:\/\/paylaterguide.com\/wp-content\/uploads\/2020\/03\/affirm-vs-klarna-review.jpg",750,500,false]},"uagb_author_info":{"display_name":"Jessica Smith","author_link":"https:\/\/paylaterguide.com\/author\/jessica\/"},"uagb_comment_info":4,"uagb_excerpt":"Before you start using Affirm or Klarna it is important to fully understand how the two payment services work, especially what costs or fees might be involved. In this review we\u2019ll compare both services and tell you the differences. What are the key differences? Affirm is a short term lender which allows you to spread…","_links":{"self":[{"href":"https:\/\/paylaterguide.com\/wp-json\/wp\/v2\/posts\/69"}],"collection":[{"href":"https:\/\/paylaterguide.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paylaterguide.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paylaterguide.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/paylaterguide.com\/wp-json\/wp\/v2\/comments?post=69"}],"version-history":[{"count":1,"href":"https:\/\/paylaterguide.com\/wp-json\/wp\/v2\/posts\/69\/revisions"}],"predecessor-version":[{"id":1408,"href":"https:\/\/paylaterguide.com\/wp-json\/wp\/v2\/posts\/69\/revisions\/1408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paylaterguide.com\/wp-json\/wp\/v2\/media\/76"}],"wp:attachment":[{"href":"https:\/\/paylaterguide.com\/wp-json\/wp\/v2\/media?parent=69"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paylaterguide.com\/wp-json\/wp\/v2\/categories?post=69"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paylaterguide.com\/wp-json\/wp\/v2\/tags?post=69"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} |