Shopmonkey allows you to promote Affirm financing directly within Shopmonkey Estimates.

With Affirm pre-qualification links, customers can check their Purchasing Power through pre-qualification before approving work—right from the estimate. This can help reduce upfront cost concerns and allow customers to better understand their payment options.

How It Works

When Affirm is enabled:

1. You send an estimate to your customer via SMS or email
2. If the estimate total meets the minimum amount (typically $50+), an Affirm promotional messaging appears
3. The customer sees messaging such as:
   1. “As low as $X/month with Affirm”
4. The customer can choose to check their estimated Purchasing Power by clicking button “See if you qualify”
5. After reviewing their pre-qualified amount (Purchasing Power), they return to the estimate and decide whether to proceed with services

What Affirm Pre-Qualification Means

Pre-qualification is:

• A fast way for customers to check their estimated Purchasing power) before approving work
• A soft credit check (no impact to their credit)

Pre-qualification is not:

• A final loan approval
• A guarantee of financing or specific terms
• A commitment to use financing

Final eligibility, approval and loan terms are determined by Affirm if the customer chooses to apply for financing with Affirm during the payment process to complete their purchase and a down payment may be required.

Pre-Qualification Link Benefits

• Customers understand their options earlier in the process
• Customers who pre-qualify could better understand available payment options before making a decision
• Support conversations around larger repair estimates

Best Practices for Using Affirm Pre-Qualification Links

Set expectations early - Let customers know financing is available:

• “We've partnered with Affirm to offer payment options over time. When you receive your estimate, you can check your Purchasing Power through pre-qualification with no impact to your credit score.”

Position it as a tool, not a commitment - Encourage customers to explore options: 

• “You can explore financing as a payment option before deciding. Purchasing Power is not a guarantee of approval or specific terms.”

Avoid overpromising - Be clear that:

• Financing is not guaranteed
• Final terms come from Affirm

Customers must pre-qualify on their own device, and you should not instruct customers during the pre-qualification process.

Frequently Asked Questions: Affirm Pre-qualification

Q: If a customer pre-qualifies for Affirm, are they guaranteed to be approved?

A: No. Pre-qualification is only an initial eligibility check and does not guarantee approval at checkout. Customers must complete Affirm’s application during checkout, where they will be qualified for final approval and loan terms are determined.

Q: Does checking eligibility affect the customer’s credit score?

A: No. Affirm pre-qualification uses a soft credit check, which does not impact credit. No impact to apply. Payments may be reported to a credit bureau.

Q: Is the customer required to use Affirm if they pre-qualify?

A: No. Pre-qualification does not obligate the customer to apply for or use financing.

Q: Can customers still pay another way?

A: Yes. Affirm is optional - customers can use any of your existing payment methods.

Still have questions? Feel free to reach out to us through the chat icon. Thanks for reading!