I just got an email from Samsung saying they’re splitting from TD Financing. Does this mean they’re switching back to Affirm with their interest rates and higher payments? Any info would be helpful. Thanks!
I got the same email. It looks like they are closing down all the TD bank accounts. I use mine for monthly payments on Samsung care, but they told me to add another payment method or my Samsung care will be canceled. It seems like that means you can’t finance or use the account for purchases anymore. I think the account will close once the balance is paid off. Unfortunately, it seems like Samsung is pushing Affirm as their new financing option, which isn’t great.
@Spencer
Didn’t this happen earlier in the year? Wasn’t Affirm offering interest and a 2-year pay off period?
Denver said:
@Spencer
Didn’t this happen earlier in the year? Wasn’t Affirm offering interest and a 2-year pay off period?
I think so, and it caused a lot of complaints.
@Spencer
What happens to current balances? Are they affected?
I just got the same email, really sad to see this happen.
Looks like I won’t be financing Samsung products directly anymore. Affirm’s terrible; I’ve had bad experiences with them. It’s frustrating because I had $4500 to use on Samsung financing, and now that’s gone.
@Phoenix
I was planning to buy the smart monitor for Christmas with my limit too… guess that’s not happening now?
I just got this email too, came straight here to check if anyone else got it! I’m a bit worried since I’ve still got a few more payments left on my balance. Not sure what to do now? And why are they canceling it without offering another financing option? Seems strange.
Is this only happening in the US? I’ve always used something called SamsungFinanceGlow at 0%, and I haven’t gotten any email about this change.
I used ‘Samsung Finance’ for my S24 Ultra just last week, and it was through Affirm. I got 0% interest, which was nice since my credit isn’t the best. I’ve used Affirm before and never missed a payment, so that probably helped.