Home › Borrow › Buy now, pay later apps › Afterpay vs Affirm
Both let you split purchases. Here's how Afterpay and Affirm compare on late fees, interest and credit reporting.
| Afterpay | Affirm | |
|---|---|---|
| Late fee | Late fees apply (amount not found on page) | None (Affirm says it never charges late or hidden fees) |
| Interest | Pay in 4: no interest; longer plans may show an APR (Afterpay's example: 36%) | Varies by loan (0% or APR shown at checkout) |
| Credit check | not found | not found |
| Credit reporting | not found | Reports all pay-over-time loans to Experian (from Apr. 1, 2025) and TransUnion (from May 1, 2025); Affirm says this isn't factored into traditional scores yet |
Sources: Afterpay page (checked 2026-10-12) · Affirm announcements (Mar./Apr. 2025) (checked 2026-10-12)
More on Afterpay · More on Affirm · All buy now, pay later apps
Late fee: Afterpay Late fees apply (amount not found on page), Affirm None (Affirm says it never charges late or hidden fees); Interest: Afterpay Pay in 4: no interest; longer plans may show an APR (Afterpay's example: 36%), Affirm Varies by loan (0% or APR shown at checkout); Credit check: Afterpay not found, Affirm not found; Credit reporting: Afterpay not found, Affirm Reports all pay-over-time loans to Experian (from Apr. 1, 2025) and TransUnion (from May 1, 2025); Affirm says this isn't factored into traditional scores yet.
Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.