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Mattress Financing

Buy Now Pay Later Mattress Financing with Idle Mattress

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Idle Sleep logoAre you interested in buying a brand new Idle Sleep Mattress but don’t want to pay the full amount up front? Then you’ll want to learn more about Idle Sleep mattress financing. It allows you to buy a brand new Idle Sleep mattress and get it shipped to you right away, and pay for it in affordable monthly payments. So you get the new mattress you need right away.

Idle has plans for as little as $61 per month and there are no hidden fees. Idle Sleep’s financing is amazing – about as good as we’ve seen. Like 0% APR for 60 Months – no other mattress merchant can beat this rate. It’s a great way to buy a new mattress today but not break the budget or bank! Yes, that’s a 5 year finance plan so payments are so low that it makes owning a new mattress affordable.

If that’s appealing to you, this guide will share everything you need to know to buy an Idle Sleep mattress on finance. You will be surprised by how easy the process is.

Note that we may earn a commission when you shop through our links.

How Do You Finance An Idle Sleep Mattress?

Idle Sleep has partnered with Affirm to offer affordable, no-hassle mattress financing.

Buying an Idle mattress on finance is simple:

1. Choose an Idle Sleep Mattress {See our Example for Monthly Payment Info}


Start by viewing the Idle Sleep range of mattresses. Decide which mattress you are interested in purchasing. Idle Sleep offer three types of mattresses, in a variety of sizes. They are all thicker and have springs. For more info, read our Idle Mattress Review.

Idle Gel Plush Memory Foam Mattresses

Idle just came out with two memory foam mattresses. What makes them different? Well they’re thicker than other brands for a similar price and you can get 20% off + 2 FREE pillows. Their plush is truly soft and dreamy. Want to learn more? We reviewed the Idle Sleep Plush Gel Memory Foam mattress here.

Idle Hybrid Mattress

The most affordable option in the Idle Sleep mattress range, the Idle Hybrid combines supportive coils and pressure relieving foam. Idle Sleep’s revolutionary foam material has 400% more support than a normal memory foam mattress and there are 1,000 smart support coils in the mattress for additional support. Prices start at $729 for a twin and go up to $1,494 for a split king.

Idle Dunlop Latex Hybrid Mattress
Idle Sleep’s eco-friendly latex hybrid mattress is made from 100% latex and organic cotton. It also uses Idle Sleep’s Buoyancy Foam, which provides 400% more support than a traditional memory foam mattress. Prices start at $829 for a twin and go up to $1,749 for a split king. Read our Idle Hybrid Latex mattress review here.

Idle Talalay Latex Hybrid Mattress

Another all-organic, eco-friendly option which is hypo-allergenic, anti-microbial and dust-mite resistant. Also uses Idle Sleep’s Buoyancy Foam and contains 1,000 smart support coils. Prices start at $1,174 for a twin and go up to $2,448 for a split king.

Once you have selected a mattress, take a look at the available add-ons. The most popular add-ons include sheets, the bed foundation, and the white glove delivery service.

It is also a great idea to purchase a mattress protector. It will help you ensure that your new mattress stays in excellent shape during the years to come. As an added bonus, Idle Sleep provides 2 free memory foam pillows with every purchase and FREE shipping.

After configuring your mattress and selecting any add-ons, the website will automatically update to show the total price. For the configuration we selected, the price is either a single payment of $1,501 or monthly repayments starting at $126 per month.

But it’ll be even less when you use our link for this amazing deal:

SAVE 30% and get 2 FREE PILLOWS

2. Apply for Financing – Fast & Easy 


To make the purchase using Affirm finance, click on the Prequalify Now link. A pop-up notification appear which explains how much finance payments would be over a 3-month, 6-month, or 12-month period. In our case, 12-month finance for the purchase would be $125.08 per month.

The finance is provided by Affirm. They are one of America’s leading providers of consumer loans. They are a reputable company providing affordable finance for small purchases.

Next, click the See if you quality button. You will be asked to either create an account or log into an existing Affirm account. If you are creating a new account, you will need to provide several pieces of identifying information. This will include your name, birth date, and email address.

After creating your account or logging in, Affirm will perform a credit check to determine if you are eligible for finance. It is a “soft” credit check that will not affect your credit score in any way.

The finance approval process usually takes a couple of minutes, but most people will have an answer in seconds.

3. Review the Terms

If you have been approved for Affirm finance, you will be directed to a page which shows the terms of the loan in more detail. It will clearly describe how much repayments are, how much interest will be charged (if any), and several other details.

Read the terms and conditions of the financing agreement carefully. If you are happy to proceed, click accept and finalize the checkout process. Your brand new mattress will be at your door within a couple of weeks!

Buy Now Pay Later Idle Mattress

Common Questions About Idle Mattress Financing

What is Affirm?
Affirm is a global payment solutions company which specializes in consumer finance for small purchases. They are partnered with over 70,000 merchants and have over 60 million customers globally.

Do you need to pay a deposit?
Affirm financing does not require customers to pay a deposit when purchasing a mattress through Idle Sleep.

What fees are involved?
Most customers will qualify for a 6 or 12 month interest free period when they use Affirm to purchase an Idle Sleep mattress. If you repay your loan before the conclusion of this period, you will pay no interest on your purchase.

However, if your repayments extend beyond this point, you will be charged interest. The annual percentage rate (APR) will be between 0 to 30% based upon how much you are borrowing and the strength of your credit score. There is a 6% interest cap available for anyone on active military duty.

There are no late fees, service fees, or prepayment fees when using Idle Sleep Mattress Financing.

How long do I have to pay back the loan?
You will have a repayment term of 6, 12, or 24 months, based on the size of the loan and the strength of your credit score.

How can do I pay the bill?
Affirm make repaying loans simple. There are several payment methods available including direct debit, debit card, and check payments.

Do you need to have existing credit score? 
Yes, customers will need a credit score to be eligible for Affirm financing.

Will the credit score check affect my credit rating?
No! Affirm will perform a “soft” credit check to determine if you are eligible for a loan. This type of credit check will not show up on your credit report and does not affect your credit score.

How soon will my Idle Sleep mattress ship?
After you have been approved for finance, Idle Sleep will immediately begin processing your order. You can expect it to arrive within 2 to 3 weeks.

We hope this mattress financing guide helps you get the best night’s sleep at an amazing price that you can afford!

Amerisleep mattress sale

Want to Finance an Amerisleep Mattress? Here’s How it Works

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How Amerisleep Mattress Financing Works

Amerisleep is one of America’s leading manufacturers of high-quality memory foam mattress. Their mattresses use a cellular foam structure which is extremely comfortable, durable, and enjoyable to sleep on. They also provide excellent pressure relief and support while limiting motion transfer which helps you get a great night’s sleep.

This post will take a closer look at Amerisleep mattresses and the payment methods they offer. One feature that Amerisleep has that we love and don’t see other mattress companies do – they give a ship by and a delivery by date for your order. That way you can plan and not be without a mattress! 

Another standout is their covers are super durable and made from quality fabrics that don’t pill. There’s a double layer system that zips off, making it easy to clean.

Amerisleep Mattresses

Amerisleep is a high end mattress company that isn’t a one-size-fits-all company. In fact, they have five different memory foam mattresses, each with a different firmness. They start with the number 1 for the most firm and go a little softer with each number, until you get to the softest Amerisleep, the AS5. 

Not sure which Amerisleep Mattress to Get? Click Here to Compare Amerisleep Mattresses

Here are the names and benefits of each mattress they sell:

AS1

The AS1 is a the firmest mattress in the Amerisleep line. It is made from a Bio-Core™ foam support layer, breathable Bio-Pur™ foam layer, and high-performance Celliant® cover. This is the ideal choice for back or front sleepers. 10 inches deep. A queen starts at $999 but they have frequent sales (check their website). 

AS2

This is a medium-firm mattress that has a Bio-Core™ foam support layer, ergonomic transition foam layer, breathable Bio-Pur™ foam layer, and high-performance Celliant® cover. It is also a great choice for back or front sleepers. 12 inches deep.

AS3 – The most popular Amerisleep mattress

This versatile medium mattress blends support and softness. It is made from a Bio-Core™ foam support layer,  ergonomic transition foam layer, breathable Bio-Pur™ foam layer, and high-performance Celliant® cover. This is a great choice for people who often switch between back, front, and side sleeping positions. 12 inches deep. There’s also a hybrid model with foam and springs. 12 inches deep.

AS4 

This is a super-comfortable medium-soft mattress which is ideal for side sleepers. It is also made from a Bio-Core™ foam support layer, ergonomic transition foam layer, breathable Bio-Pur™ foam layer, and high-performance Celliant® cover. 12 inches deep.

AS5

The AS5 is the plushest and most luxurious mattress offered by Amerisleep™. It contains multiple layers of Amerisleep’s™ most absorbent foam to provide an extraordinary level of comfort. It also includes the Bio-Core™ foam support layer,  ergonomic transition foam layer, breathable Bio-Pur™ foam layer, and high-performance Celliant® cover.

Check Prices

Don’t Forget a Mattress Protector!

After choosing a mattress, always get a mattress protector that’s waterproof and put it on your bed before you sleep on it the first time. This will help prevent bacteria, sweat, dust mites and more from degrading the foam inside of your mattress. Make your mattress last longer and keep it cleaner with a protector. Also, should you need to return your mattress, it will be in returnable condition.

You may also need memory foam pillows, an adjustable bed base, sheets, and a regular bed base, and these can be financed with your mattress purchase.

Financing An Amerisleep Mattress

Amerisleep accepts all major credit and debit cards. They also provide bank transfer from checking or savings accounts if you call their support team at 1-800-500-4233. Unlike other mattress companies, they do not offer interest-free payment plans for their mattresses. We think this is a missed opportunity! However, you may be able to use interest-free periods that are associated with your credit card. Since they don’t truly offer financing to their customers, we will recommend some other brands that offer an affordable monthly payment (but you get your mattress right away). 

Alternatives to Amerisleep That Offer Mattress Financing   

Are you interested in an Amerisleep mattress but you really need interest-free finance? Then you may have to purchase a mattress from a competitor.  Casper, Nest, and Luxi all offer mattresses that are similar to Amerisleep’s products but you get a monthly payment and don’t have to use your credit card.

Casper Mattress Financing

The Casper Wave is a great alternative to Amerisleep mattresses. It features several layers including targeted gel pods for support, pressure relieving memory foam, breathable latex foam and soft comfort form.

Casper allows customers to purchase mattresses using Affirm financing (available for purchases over $350). When using Affirm, you will pay back the cost of your mattress over 6, 12, or 24 months with an interest rate of between 0% to 30% APR (based on your credit rating). One of the best parts of using Affirm to finance a mattress is that there are no late fees, service fees, or prepayment fees. Visit the Casper financing page to learn more.

Nectar Mattress Financing

If you’re looking for a memory foam mattress that excellent terms, check out Nectar mattress. Nectar uses Affirm financing which is the industry standard. You can purchase a brand new Nectar mattress today, get it, start sleeping on it, and pay later. Plus, it’s a very comfortable medium firmness mattress!

You can pay for your Nectar mattress in low monthly payments. Choose to pay it off over 6, 12, or 24 months. The interest rate varies  between 0% and 30% APR.

Go here to learn more about financing a Nectar mattress.

Thanks for reading How Amerisleep Mattress Financing Works. For more information on mattress financing, browse our other mattress financing guides.

Amazon mattress in a box

You can Make Monthly Payments on Mattresses on Amazon – No Interest and No Credit Check Needed!

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Did you know Amazon offers mattress financing with no interest or credit check? If you’re shopping for mattresses or bedding on Amazon, you’ll be happy to know that you can finance a mattress so you get low monthly payments.

Amazon offers competitive prices, excellent customer service and a hassle-free return policy. They also have a huge selection of bed in a box mattresses to choose from, in different price ranges and types. Plus, who doesn’t love fast and free Amazon Prime shipping?!?

When it’s time for a new bed, you know it. Well, now there’s yet another reason to shop for your mattress and other items at Amazon: you can now pay for your new bed in 5 interest-free monthly installments! That’s right, you can purchase a new mattress and everything you need to go with it. That includes an adjustable base, sheets, comforter, pillows or any other qualifying item and pay for it in monthly payments – completely interest-free. Best of all it doesn’t require a credit check.

Not every item Amazon sells qualifies (although this value mattress brand often does ) but I’m going to show you how to find the ones that do! I appreciate it if you shop through my links as it helps support my site.

You can find the mattresses that qualify – it will tell you on the item description page. If there is financing offered, it will clearly state what you monthly payment will be should you finance your bed. Like in this example:

Amazon mattress financing

See Amazon Mattresses with 0% Interest Financing

Here’s the catch. Not every customer will qualify for the monthly payments plan. According to Amazon, here are the terms and conditions for monthly payments:

1 – You must be a resident of the United States.

2 – Your Amazon.com account must have been active for at least one year.

3 – You must have a valid credit card or debit card associated with your Amazon.com account.

4 – You must have a good payment history on Amazon.com.

Most U.S. residents or Amazon shoppers can easily qualify.

To take advantage of Amazon’s monthly payments offer simply shop as you normally do by checking out the mattress and bedding categories. Then, look for items with the Monthly Payments purchasing option. It will break down what your exact payment will be. Find the Amazon mattresses you can buy now and pay later on this page. Just click on the kind of mattress you’re looking for and start shopping.

Amazon buy now pay later mattress

Bottom line: If you’re in the market for a new mattress or bedding, you can now purchase what you need and pay for it in five monthly installments. AND, you won’t even have to pay any interest or submit to a credit check!

Tip: Did you know Amazon will text you when your order has shipped and text you again when it’s been delivered? Go here to set it up. Now you will know exactly when you’ll get your new mattress so you can be home. I bet you can’t wait! It’s also handy if you’re buying a gift or something that you don’t want anyone in the household to see. We won’t tell if you sometimes hide your Amazon purchases from your spouse!

Tip: You spent a lot on your mattress and you’ll probably have it for many years. So be sure to protect your bed – buy a waterproof mattress protector so your mattress will last as long as possible (even if it’s not financed).

Tip: Save 3% on everything you buy with the Amazon Rewards Visa Signature Card. You need to be a Prime member. If you’re not already part of Amazon Prime you can click here to sign up for an Amazon Prime membership.

If you prefer not to get another credit card, you can still save 2% on your order by using a reloadable gift card. Simply put the money onto the card first and then shop. You’ll save an additional 2% when you reload a gift card balance with your checking account.

Amazon financing is available for many items, not just mattresses. It’s one of the perks of being an Amazon Prime member that no one talks about but can save you big $$.

buy now pay later trundle beds

Buy Now Pay Later Trundle Beds

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Looking for a trundle bed but you don’t have the cash or want to pay it all at once? Check out our list of buy now pay later trundle beds. You can purchase the bed online and pay for it as you go with an affordable monthly payment.

For the mattress on a trundle bed, you need a low profile mattress – it shouldn’t be more than 10 inches thick (usually 8 or less) or it won’t fit under the top bed. Trundles usually come in twin or full sizes. There are day bed styles, regular styles, bunk bed trundles and sofa bed trundles. They’re space saving and great for kids or guest beds and can be very affordable too.

Note: we may earn a commission when you shop through our links.

Buy Now Pay Later Trundle Beds

Did you know that Amazon will let you finance your bed purchase? It’s not available on every bed, so we found trundles that offer financing. Right on the product listing you’ll see the terms. The Zinus trundle bed, pictured below, has monthly payments of $16 no finance charges, no interest or hidden fees, and no credit check or application required.

You can see the payment in Amazon search results (see the red box below):

buy now pay later trundle bed Amazon

Here are some of our favorite trundle beds that have monthly payments available:DHP Lina Metal Daybed with Trundle, Full Size Sofa Bed Frame, GoldDHP Lina Metal Daybed with Trundle, Full Size Sofa Bed Frame, GoldDHP Manila Metal Daybed and Trundle, Full Size Daybed and Twin Size Trundle, Multifunctional, WhiteDHP Manila Metal Daybed and Trundle, Full Size Daybed and Twin Size Trundle, Multifunctional, White
DHP Winston Modern Metal Daybed with Trundle, Twin Size Frame, GoldDHP Winston Modern Metal Daybed with Trundle, Twin Size Frame, Gold
Max & Lily Solid Wood Twin-Size Bed with Trundle Bed, WhiteMax & Lily Solid Wood Twin-Size Bed with Trundle Bed, White
Zinus Suzanne Twin Daybed and Trundle Frame Set / Premium Steel Slat Support / Daybed and Roll Out Trundle Accommodate Twin Size Mattresses Sold SeparatelyZinus Suzanne Twin Daybed and Trundle Frame Set / Premium Steel Slat Support / Daybed and Roll Out Trundle Accommodate Twin Size Mattresses Sold Separately
Hillsdale Furniture 2179-010 Hillsdale Caspian Daybed with Trundle, Twin, WhiteHillsdale Furniture 2179-010 Hillsdale Caspian Daybed with Trundle, Twin, White
Best Quality Furniture K27 Full Bed W/Trundle, Dark GrayBest Quality Furniture K27 Full Bed W/Trundle, Dark Gray
Atlantic Furniture AR8032012 Concord Platform Bed with Twin Size Urban Trundle, Full, WhiteAtlantic Furniture AR8032012 Concord Platform Bed with Twin Size Urban Trundle, Full, White
Little Seeds Ambrosia Diamond Tufted Upholstered Design Daybed and Trundle Set, Twin Size Frame, TealLittle Seeds Ambrosia Diamond Tufted Upholstered Design Daybed and Trundle Set, Twin Size Frame, Teal
Little Seeds Ambrosia Diamond Tufted Upholstered Design Daybed and Trundle Set, Twin Size Frame, PinkLittle Seeds Ambrosia Diamond Tufted Upholstered Design Daybed and Trundle Set, Twin Size Frame, Pink
Baxton Studio BBT6469-Twin-Black Cosmo Modern and Contemporary Faux Leather Trundle Bed, Twin, BlackBaxton Studio Twin Modern and Contemporary Faux Leather Trundle Bed, Twin, Black
DHP Gail Twin Metal Daybed with Trundle, BlackDHP Gail Twin Metal Daybed with Trundle, Black
Donco Kids 3217-FSG_503-SG Princeton Trundle Bed, Full/Twin Slate GreyDonco Kids Princeton Trundle Bed, Full/Twin Slate Grey

More Buy Now Pay Later Trundles

Here are some more styles to choose from:

Day Bed with Trundle BedDay Bed with Trundle Bed
Twin Trundle BedTwin Trundle Bed

 

Buy Now Pay Later Beds with Affirm

These trundle beds are financed with Affirm.

Need a mattress to go with your trundle bed? Here’s our list of buy now pay later mattresses.

Pin for later: 

trundle bed buy now pay later

Nectar Mattress Unbox Mattress

How Many Months Can you Make Monthly Installments for Nectar Sleep Mattress and Base?

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Nectar is one of Unbox Mattresses top rated memory foam beds. They recently came out with a base (adjustable bed frame). What will your monthly payment be if you want both?

Depending on your credit, it will cost you the same as paying the whole amount up front but you can get it spaced out over up to 24 months to keep your payment down.

It’s fast and easy to get financing for your mattress purchase online, which is why so many online mattress brands use a finance company called Affirm. Nectar doesn’t make a profit from financing, they simply sell more beds because people don’t have to save up to purchase.

We break it down below…

How Many Months can you Make Monthly Installments for Nectar Mattress and Base?

In this example we will assume you are buying the Nectar king mattress with the king size adjustable base. You’ll also 2 free pillows. Be sure to add sheets if you need them.

If you want a king adjustable bed that is two separate mattresses so you can operate each side together or independently, then order 2 twin XL mattresses (they will be 80 inches long, the same length as the adjustable base) with a SPLIT king adjustable base. Otherwise order a king mattress and base.

Buy a Nectar Mattress and Base

Cost

$924 for a king size Nectar adjustable base
$1,199 for a king size Nectar mattress
Sales tax – depends on the state you live in, my state charged 0
Discount $125 (taken off automatically)
Total cost: $1,998

Buy a Mattress and Base

Note: you can pay an additional $149 for them to deliver, set up your new mattress and remove your old mattress.

Nectar uses Affirm which is what most boxed companies use to finance purchases.  They allow you to break everything down to an affordable monthly payment. It’s also instant approval if you qualify so you know immediately what the terms on. You don’t have to wait until you finish payments either – you get your mattress and base right away.

Affirm Mattress Financing

In my hypothetical example, here’s the step-by-step of how Affirm mattress financing works.

Step 1: Choose the products you want to buy and at checkout, choose PAY WITH AFFIRM.

It’s highlighted below.

Nectar mattress monthly payments

The next screen will ask you to confirm your shipping and billing address. Click the button “continue with Affirm” at the end of the page.

Step 1: Enter the 5 pieces of information requested

  • Name
  • Email
  • Mobile phone number
  • Date of birth
  • Last four digits of your social security number. Be sure this information is your own and is consistent information otherwise you may experience difficulty with your checkout.

You will get a text message to your cell phone with a unique authorization code to confirm your identity. Enter the authorization code into the application form.

Within a few seconds you’ll see the loan amount you’re approved for, the interest rate, and the number of months you will have to pay off your loan.

At this point you will see the monthly payment and how long you will pay it.

Here’s how mine broke down:

Step 2: Select the best option for you.

I picked the $111 payment for 18 months. I have no interest to pay and don’t have my first payment due until next month.

Step 4: Enable autopay (or not).

Note: you won’t get charged or complete the sale yet.

Step 5: Confirm your purchase.

You are now ready to buy, click “confirm loan” to buy.

Want to try it yourself?

Go to Nectar Website

How Affirm Works

You can pay the amount over as little as 3 months up to 24 months. Some purchases may require a downpayment.

• If approved, you will see the loan terms before you make your purchase. You’ll know exactly how much you’ll owe each month, the number of payments, and the total amount of interest you’ll pay over the course of the loan. There are zero hidden fees.

• Even if you don’t have an extensive credit history you might still qualify for Affirm financing. Affirm does not affect your credit score.

• Opt in to get an email and text reminders of when your payment is due. Turn on “Autopay” to schedule automatic monthly payments. Pay with a debit card, bank transfer, or check.

Want to buy another mattress? See leesa mattress financing or other brands in our big list of brands that use Affirm.

Bed in a Box Mattress Financing With Affirm Credit

By | Mattress Financing | No Comments

Affirm mattress financing is a way to buy a mattress online and pay in monthly installments. It’s a great choice when financing a mattress purchase so you don’t have to pay the full cost up front but can get your bed right away.

Keep reading for a list of online mattresses that use financing online.

Affirm minimum credit score

When applying for Affirm credit, they will perform a soft credit check to check your identity and determine if you are eligible. Affirm does not specify the minimum credit score they require and checking WILL NOT affect your credit score. They simply assess your risk as a buyer and set your interest rate based on the check.

If you use Affirm to pay you will get the product from the bed in a box mattress company just like if you paid with any other method. Affirm will pay the company and then bill you monthly.

We provide this service free and may earn a small commission if you shop through our links (at no cost to you).

List of Bed in a Box Mattress Brands that Accept Affirm 

The mattress companies that let you buy now and pay later with Affirm include:

Amore Beds (use other financing with 0% interest)
Avocado Green Mattress

Bear Mattress
Brooklyn Bedding
Casper (use code UNBOX50 to save $50).
DreamCloud (they break it down by monthly payment/bed size)
Eight Sleep
Happsy organic mattresses
Keetsa

20% OFF + 2 FREE pillows on any Idle mattress

Kutson – uses Klarna
Layla copper infused mattress
Luma Sleep – latex mattresses. No Payments + No Interest if paid in full in 6 months on purchases of $99 or more.
Nature’s Sleep
Nectar
Nest Bedding – uses both Affirm and Zibby (Zibby offers alternative financing for people with low or no FICO scores).
Newton Baby – Baby mattress
Nolah – they also use Klarna
Novosbed
PlushBeds natural latex and other beds
Puffy  – they actually use Klarna who has even better terms than Affirm
Purple

Saatva – Klarna
Sweetzzz Mattress – they use Klarna and offer the longest no interest financing we’ve seen, based on total amount spent. Offers several firmness level.
The Futon Shop
Yogabed
Zinus – economy mattresses and bed frames

The popularity of bed in a box mattresses has skyrocketed in the past few years! It’s easy to see why — they are very comfortable, affordable and durable mattresses that are delivered directly to your door. Plus you get to actually sleep on the mattress you buy for at least 3 months and get a full refund if you decide a mattress isn’t for you.

However, even with the great prices, it can be a lot of money up front. That’s why many boxed mattresses offer easy financing. You pay for your cell phone, your car and other important purchases you depend on every day with financing. Why not your mattress that you’ll sleep on every night (and that will affect the quality of your life and health)?

Cariloha mattress in a box

Bed in a Box Mattress Financing With Affirm Credit

What about paying for that mattress, the sheets, the pillows, the bed frame, mattress protector, the headboard, etc? It can add up but protecting and getting the most from your mattress could add up to a big amount. We pay for our phones and cars monthly, why not our beds where we spend so many hours on each day?

However, mattresses and bedding are a large payment to pay all at once. You need a new mattress right away – you’re not sleeping well on that mattress you bought years ago that has big divots now. Your back is hurting. Or maybe you moved into a new house or have a child moving from crib to a big kid bed. You know you need a mattress but you don’t need the big hit on your budget or credit card bill. That’s why you may be thinking about bed in a box mattress financing with Affirm credit.

One of the most popular bed in a box products is the Purple mattress.  Unfortunately, bed in a box products like the Purple mattress can be quite expensive. That is why many bed in a box companies offer financing with Affirm — a leading provider of small loans for consumer purchases.

Most companies use Affirm so we want to let you know what to expect when you do Bed in a Box Mattress Financing With Affirm Credit. 

Get your Mattress Now, Pay Later 

A mattress is a big purchase and many people don’t have the money upfront to buy one.

No Interest Plus Skip the First Month’s Payment

Affirm gives you a low monthly payment and often without interest and you don’t need to take out another credit card.

Applying is easy and you get an answer within seconds.

Get your mattress now but pay later.

Let’s take a closer look at Affirm and how you can obtain your bed in a box mattress on credit.

What is Affirm?

Affirm offers consumers financing for small to medium purchases from selected merchants. The finance is offered at the point of sale, so you can apply for Affirm credit right on the website when you buy a mattress.

Obtaining credit from Affirm is very simple and an easy option and many bed in a box manufacturers offer Affirm.

Affirm is an alternative to credit cards and personal loans. However, unlike many personal loans, Affirm has no prepayment penalty. That means you can pay the loan back as quickly as you want.

How Affirm Works

Once you decide to purchase your mattress online, you can select Affirm as your payment method. Then provide a few personal details so they can perform a soft check on your credit score. This type of credit check will not affect your credit score in any way. They will determine your risk as a borrower before approving you. Your credit score helps determine the interest rate that you’ll get. Rates can be anywhere from 10% to 30% but many offer 0% interest for a set number of months.

We tried to buy a Purple mattress…we wanted to get it now but pay as we go. So we selected Affirm at checkout. The total was $2,347.44 for a queen size Purple 3 mattress.  It took 4 easy steps and went really fast:

After you have been approved, you select a repayment schedule which will be 3, 6, or 12 months. Affirm will show you exactly how much you will need to repay each month, including interest so there are no surprises.

Save on interest by paying faster (6 months interest free, then it jumps to over 15% for a year, etc.). You don’t pay that much more in interest for a lower payment stretched out over 18 months.

Once you complete the purchase, the merchant will send you the product and Affirm will send the merchant the money so you can get your mattress right away. Then you repay Affirm on a monthly basis.

Good news, you don’t start paying until the month after you place your order.

You can enable autopay so you don’t have to remember to pay.

Affirm Reviews

Users at CreditKarma gave Affirm a rating of 3.8 our of 5. Reviewers used Affirm to purchase things like mattresses, car tires, shoes, computers, and white goods. The lowest reviews were mostly from users who had trouble with the merchant. In some cases, they had to return goods and were charged an unexpected restocking fee by the merchant. Other complaints were relating to late payments affecting their credit score. Compared to other finance providers, Affirm has a very high rating and high level of customer satisfaction. Just remember – you do need to pay your monthly payment on time and Affirm isn’t responsible for the return process or fees from the brands you buy from.

Affirm Q&A

Why use Affirm?

Purchasing a mattress can be a large up front payment. For example, Purple, one of the most popular mattress brands, sells mattresses ranging in price from $1,299 to $3,499. But it’s not just the mattress. These mattresses are usually only the top part. You may need to buy a bed base (or even an adjustable base), new sheets, a mattress protector and pillows. Affirm makes it easier to afford your mattress and everything you need to go with it.

Affirm is easy to apply for and you will be approved quickly. Managing repayments is simple and their interest rates are quite competitive. You will know exactly how much the repayments are, which makes managing your finances simple.

Is Affirm safe?

Affirm is a leading company in this space (almost everyone uses them). They’re a reputable company that has been offering consumer finance for many years. They provide you with a clear repayment schedule and there are no hidden fees (no late repayment fees and no prepayment fees).

However, like all credit products, there is some risk involved. If you stop making payments, the amount of money you owe will continue to increase due to the interest being charged. It will also affect your credit score. You should only enter into this agreement if you can afford the monthly repayments.

Does Affirm report to credit bureaus?

For loans requested on or after August 3, 2016, Affirm reports information about your credit activity to Experian. They intend to report to more credit bureaus in the future.

Does Affirm build credit?

Yes! Paying back an Affirm loan on time will improve your credit score. It’s a great way to improve your credit. Be sure to set up automatic payments through your online bank if you’re forgetful. The number one thing you need to do to build your credit with your mattress purchase, is to pay each month on time.

 

We hope you enjoyed reading Bed in a Box Mattress Financing With Affirm Credit. If you have any questions about Affirm or buying a bed in a box mattress, post comment below!