Checking or savings account -- Managing an account -- Complaint #8192968

Complaint Overview

Complaint ID: 8192968

Company: Affirm Holdings, INC

Product: Checking or savings account

Sub-Product: Savings account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: Illinois

ZIP Code: 605XX

Date Received: 2024-01-20T12:00:00-05:00

Date Sent to Company: 2024-01-20T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Signed up with Affirm because they advertised their 4.37 % interest rate with their savings account. Seemed easy and trustworthy as they are used on a lot of popular websites such as XXXX and XXXX. Transferred XXXX XXXX ( meant to try {$8.00} ) ; Affirm customer service said they could not assist. Then escalated but they never reached back out within the timeframe provided ( XXXX hours ). Now, the funds have cleared in Affirms savings account but can not transfer due to a random freeze which none of the companys agents have access to, allegedly. I requested for my routing and account number so I can attempt a withdrawal but they refused. Affirm shows Available Balance : {$8000.00}. My credit union recommended I reach out again but I already have and it seems to be common -via Reddit forum. I understand Affirms savings accounts are held by XXXX XXXX XXXX : They are a New Jersey State Chartered Commercial Bank, Member FDIC.

Frequently Asked Questions

What is Complaint #8192968 about?

Complaint #8192968 was filed against Affirm Holdings, INC regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2024-01-20T12:00:00-05:00.

How did Affirm Holdings, INC respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Affirm Holdings, INC?

Yes, visit the Affirm Holdings, INC company profile at readthecomplaint.com/company/affirm-holdings-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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