Affirm Charge on Your Bank Statement

Affirm is listed in the Finance category. Charges from Affirm may appear on bank statements under the descriptors shown on this page. Affirm is a US Buy Now Pay Later provider letting you split a purchase into instalments, so a charge is usually one payment of a plan you set up at checkout with another retailer. The bank descriptor 'CV5FR2USAFFIRM' is a payment-processor code used for Affirm instalment charges.

What Is Affirm?

Affirm is a US Buy Now Pay Later provider letting you split a purchase into instalments, so a charge is usually one payment of a plan you set up at checkout with another retailer. The bank descriptor 'CV5FR2USAFFIRM' is a payment-processor code used for Affirm instalment charges. Several Affirm entries can appear if you have multiple plans running, and missed payments may incur fees.

Category: Finance

How Does Affirm Appear on Your Bank Statement?

This company may appear on your bank statement under one of these transaction descriptors:

If you see any of these codes on your statement, click the link above to find out more about that specific charge.

How Do I Cancel a Affirm Charge?

  1. Check your account: Log in to your Affirm account and review your active subscriptions and recent transactions. You may have forgotten about a trial or annual renewal.
  2. Contact the merchant: Reach out to Affirm customer support about the charge. Keep a written record of all communication.
  3. Contact your bank: If you cannot resolve this with the merchant, contact your bank or card issuer. They can explain what options may be available for this type of payment and whether any time limits apply.

Frequently Asked Questions About Affirm Charges

What is Affirm on my bank statement?

Affirm is listed in the Finance category. Affirm is a US Buy Now Pay Later provider letting you split a purchase into instalments, so a charge is usually one payment of a plan you set up at checkout with another retailer. The bank descriptor 'CV5FR2USAFFIRM' is a payment-processor code used for Affirm instalment charges. Several Affirm entries can appear if you have multiple plans running, and missed payments may incur fees. It may appear on your bank statement under a shortened descriptor rather than its full name.

How do I cancel Affirm?

If this is a recurring payment you no longer want, log in to your Affirm account and cancel it in your account settings before the next billing date. If you recognise the merchant but have a question about the charge, contact Affirm directly using the details on this page. If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.

Why does Affirm appear on my statement with a different name?

Banks display a short "transaction descriptor" set by the merchant's payment processor, not the company's full trading name. This is why Affirm may appear as an abbreviation or code. The descriptor is usually the company's registered payment name, which can differ from the brand name you recognise.

Related charges

For full details, user reviews, and contact information, visit https://www.detectmycharge.com/merchants/affirm