What to Look for in Daphne, AL Lease-to-Own Companies
When choosing a lease-to-own company in Daphne, AL, there are several factors to consider, such as the stores you can shop at, the items you can lease, eligibility criteria, and how the process works. We'll explore what each of these factors looks like at Snap Finance in Daphne and Acima Leasing so you can determine which company is right for you.
How Does Lease-to-Own in Daphne, AL Work?
How does Snap Finance work? Or Acima Leasing? Most lease-to-own companies in Daphne, AL follow similar models. To start, you choose an approved retailer in Daphne and shop in person or online. Then, you fill out an application. Through Snap Finance, you may receive $150 to $5,000 in shopping power. Acima Leasing offers approvals from $300 to $5,000.
You get approved, select the eligible products you want, and Acima Leasing or Snap Finance in Daphne, AL will purchase them on your behalf. You'll pick a payment plan that works for you and may be asked to make a first payment. Continue making payments until you own the product(s) outright — it’s that simple!
What Products Can You Shop for With Acima Leasing vs. Snap Finance in Daphne, AL?
The items you can shop for vary based on which Daphne, AL retailers are approved by Snap Finance or Acima Leasing. Typically, these products include jewelry, electronics, furniture, mattresses, tires, and appliances. Ineligible items include anything permanently attached to a car or home, clothing, consumable goods, and services. Each company's website will have a more detailed list of the products you can and can't shop for.
Acima Leasing vs. Snap Finance Stores in Daphne, AL
Who accepts Snap Finance or Acima Leasing? Snap Finance works with thousands of retailers in-store and online. Your options may include local Daphne, AL retailers and well-known brands like Big O Tires, Mattress Land, and Pier 1 Imports. Before you start shopping, verify which retailers near you are approved.
Acima Leasing partners with more than 15,000 retailers online and in person. Choose from small businesses in Daphne and national brands you love, including Ikea, Bestbuy, and Goodyear. Start shopping at one of our approved online retailers or in person at a store near you in Daphne, AL.
What Are the Requirements for Acima Leasing vs. Snap Finance in Daphne, AL?
Snap Finance and Amica Leasing are dedicated to helping Daphne, AL shoppers get the items they need — regardless of credit score. Each company weighs multiple data points when reviewing applications and deciding spending power. However, they have slightly different application and eligibility criteria.
To apply for Snap Finance in Daphne, AL, you must be old enough to legally enter into a contract. You will also need an active checking account with a steady monthly income of $750 to $1000, depending on the type of product you’re interested in. Finally, you will need to provide a smartphone number and email address.
Acima Leasing in Daphne, AL also requires at least $750 in monthly income in an active checking account. Additionally, you must provide a government-issued ID and social security or Individual Taxpayer Identification Number (ITIN), have at least a 3-month history with your current income source, and be 18 years or older.
Acima Leasing or Snap Finance in Daphne, AL, the Choice Is Yours
Acima Leasing and Snap Finance have a lot to offer shoppers in Daphne, AL. Select the lease-to-own company that aligns with your needs, considering the stores they partner with, application process, and qualification criteria. Download the app and check out customer reviews to decide if Acima Leasing is the perfect match. A quick application could be all that stands between you and the spending power you need.