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support@cosmo.ca
In-Store Financing
Shop Now, Pay Later with Affirm
This is a perfect opportunity to get the instrument or gear you need now and pay for it with an affordable payment plan. On approved credit with Affirm, when you spend $500 or more in-store, your purchase can be spread out so as not to hurt your wallet so much at once.
Stop by for a visit and speak with a Cosmo Music Specialist, and ask what Affirm promotion is available today. Offer only applies to new in-store purchases. Offer not valid online.
What is Affirm?
Affirm (previously PayBright by Affirm) is Canada's leading installment payment platform, providing shoppers with buy now, pay later solutions at their favourite retailers, both in-store and online (not currently offered on CosmoMusic.ca). By selecting Affirm as a payment method, customers can enjoy their purchase immediately, while spreading their payments over time.
Why use Affirm?
Prequalify Before You Buy
Get your Affirm spending limit while you're still shopping.
Quick and Convenient Purchase
Purchase quickly and easily by choosing Affirm as your payment method. Enter a few details to get an instant decision and complete your purchase.
Easy Payments
Affirm will automatically debit/charge monthly payments using your preferred payment method: a bank account or a Visa/Mastercard debit/credit card.
How do I use PayBright?
Select Affirm at Checkout
Shop at your favourite stores that offer Affirm and select Affirm as your payment option.
Get Setup
Use your mobile phone number to set up your Affirm plan and prequalify within 90 seconds.
Easy Payments
Affirm will automatically debit/charge monthly payments using your preferred payment method: a bank account or a Visa/Mastercard debit/credit card.
Example Transactions
| Plan | Purchase Amount | Monthly Payment | Total Interest Charges | Total Cost of Borrowing | Total Repayment Amount | Annual Percentage Rate (APR) |
|---|---|---|---|---|---|---|
| 12 Equal Monthly Payments | $1,000 | $83.33 | $0.00 | $0.00 | $1,000 | 0.00% |
| 24 Equal Monthly Payments | $1,000 | $47.78 | $146.65 | $146.65 | $1,146.65 | 13.50% |
| 36 Equal Monthly Payments | $1,000 | $33.94 | $221.67 | $221.67 | $1,221.67 | 13.50% |
On approved credit and minimum purchase value of $500. Applicants who are not approved for a 0% (interest / APR) payment plan may be offered alternative payment plans with a greater cost of credit. Financing provided, and all transactions are subject to approval by, Affirm or its partner easyfinancial. Financing offers may vary from time to time and may be amended or cancelled at any time. See www.affirm.com/how-it-works for more information.
Frequently Asked Questions
How does Affirm work?
Affirm is Canada's leading installment payment provider. When you use Affirm to pay at Cosmo Music, you can split your purchase into easy, automatic monthly payments. To use Affirm as your preferred payment choice (in-store only):
- Speak with a Cosmo Music Specialist in-store about purchasing with Affirm (for purchases between $500 and $15,000 including taxes)
- Get set up: use your mobile phone number to set up your Affirm plan within 60 seconds
- Confirm your payment plan with Affirm
- Make 12, 24, or 36 monthly equal payments to Affirm while you enjoy your purchase
Are there requirements to use Affirm?
Yes. You'll need:
- To be 18+ years old in Alberta, Manitoba, Ontario, Prince Edward Island, Quebec, or Saskatchewan or 19+ years old in British Columbia, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, or Yukon
- To be a resident of Canada
- A Canadian bank account, or a Visa/Mastercard credit/debit card (your debit card must have the Visa or Mastercard logo)
- An SMS-capable Canadian phone number
- To meet the minimum purchase required ($500 including taxes) to use Affirm as a payment option
How do I apply?
Speak with a Cosmo Music Specialist in-store about purchasing with Affirm. After confirming your phone number, you'll be sent a one-time SMS password to confirm your identity. You'll then enter a few details for an instant decision. If you're approved, you will set up your repayment method with Affirm and accept the terms of your payment plan.
Does Affirm do a credit check?
To learn more about Affirm and credit checks, please read this helpful FAQ article on the PayBright/Affirm help site.
What is Affirm interest rate?
For more information on interest or fees, please see this helpful FAQ article on the PayBright/Affirm help site.
Is there an annual fee?
For more information on related fees, please see these helpful FAQ articles on the PayBright/Affirm help site.
I was not able to complete a Affirm transaction. What happened?
Unfortunately, Affirm is not able to provide payment plans to every applicant. This could be due to the information on your credit file, or because Affirm was not able to verify your identity or your payment method.
Which payment methods are accepted?
Affirm currently accepts pre-authorized debits from your Canadian bank account, or a Visa/Mastercard credit/debit card. Debit cards must have the Visa or Mastercard logo. Please note that prepaid cards are not accepted.
When will my payments begin? And what if I have pre-order products?
Please refer to the payment plan agreement for all of your payment schedule information.
How do I make my payments?
Affirm will help you set up convenient, pre-authorized payments via your bank account or a Canadian bank account, or a Visa/Mastercard credit/debit card.
How can I track my payments and access my Affirm account?
Your login details to access your Affirm account are in the confirmation email sent to you when you first completed your transaction. Can't find the details? Please contact the Affirm team.
Can I prepay my outstanding Affirm balance?
Sure, at any time! There are no penalties or fees for early repayments. To pay off your current balance, please send Affirm a message here.
What if I can't make a payment?
Please reach out to the Affirm team and they will be happy to look into the options available. You can contact them using this contact form.
Are there late or NSF fees?
For more information on late or NSF fees, please visit the Affirm help centre on the PayBright/Affirm help site.
How do returns work if I paid using Affirm?
Purchases made using Affirm are subject to Cosmo Music's standard return policy. Any returns will be processed by Cosmo Music, and your Affirm balance will be reduced, cancelled, or refunded accordingly. If Cosmo Music has provided a refund to you via a gift card, you must still continue repaying your installment plan in full. For information on returns, review Cosmo Music's return policy here.
What if the order is canceled? Will I still be charged?
No, you will not be charged. If you’ve already made a payment to Affirm and are owed a refund, this may take up to 5-10 business days to appear on your bank account or credit card statement. If you have any questions about the refund process, please reach out to the Affirm team through this contact form.
What if I haven't received an email regarding my payment plan, or if I need additional help with my payment plan?
For help with payment information, or if you haven't received your Affirm email confirmation, please contact the Affirm team via their website.
Where can I find Affirm's Terms and Conditions?
You can find them here.
10 Via Renzo Drive
Richmond Hill, Ontario L4S 0B6
Canada
Come see us at our 60,150 sq ft musical instrument superstore!
10 minutes north of Toronto.
