In order to process your application, Affirm (“we”, “our” and “us”) will supply your information to credit reference agencies (CRAs) and they will provide us information about you, such as about your financial history.

We do this to assess your creditworthiness to determine if our products are suitable for you. Further, we use CRAs to check your identity, manage your account, trace and recover debts and prevent any potential criminal & fraud activity. These activities involve the use of automated decision making, and you may contact us to review these decisions. 

We continue to exchange information about you with CRAs on an ongoing basis, including about your settled accounts and any debts not fully repaid on time. CRAs will share your information with other organisations. This helps you, us and other lenders understand your financial situation and this allows for an accurate assessment to extend credit to you in the future. 

The identities of the CRAs, and the ways in which they use and share personal information, are explained in more detail at:

Experian: www.experian.co.uk/crain

TransUnion: https://www.transunion.co.uk/legal/privacy-centre/pc-credit-reference

Equifax: https://www.equifax.co.uk/privacy-hub/crain