Affirm and Lowe's announced a new partnership designed to give Lowe's customers more clarity and control when paying for home improvement projects. Through this partnership, Affirm will offer Lowe's shoppers its transparent payment plans online and in Lowe's mobile app. Lowe's will also be prominently featured in the Affirm marketplace, expanding reach to Affirm's network of engaged shoppers.

By choosing Affirm at checkout, Lowe's eligible customers can split purchases into biweekly or monthly payments, with plans starting at 0% APR, subject to eligibility. Lowe's shoppers receive a real-time eligibility decision and see their total cost upfront--and these costs do not include compounding interest, late fees or hidden fees.