AFFINITY TENDERS SURETY MORTGAGE STOCK TO HOMEGOLD, INC.

Columbia, SC, January 2, 2002 - Affinity Technology Group, Inc. (OTCBB:AFFI) today announced that it has tendered the stock of its subsidiary, Surety Mortgage, Inc., in full satisfaction of its note to HomeGold, Inc.

Joe Boyle, President and Chief Executive Officer, stated, "The decision to exit our mortgage banking operations is a significant strategic step for Affinity. Surety's operations have been instrumental in our plan over the past several years to generate the working capital necessary to maintain Affinity's corporate integrity while reducing our fixed cost structure and positioning the Company to pursue patent licensing opportunities. We believe we have made significant progress in both areas. The dedicated employees of Surety, under the leadership of Sissie Childress, have made a significant contribution to Affinity."

About Affinity Technology Group, Inc.

Affinity's technology enables financial institutions to link their branches, call centers, internet customers, and indirect agents electronically to their credit departments, providing fully automated lending - and, if necessary, connectivity to a loan officer - through every channel. For financial institutions, Affinity's solutions expedite loan decisioning and processing and increase productivity and capacity of branch personnel, call center agents, loan officers, and indirect agents, while improving the overall customer experience. Affinity is located on the World Wide Web at www.affi.net.

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Forward-looking statements in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these statements involve several risks and uncertainties that may cause actual results to differ materially from those projected.