What to Look for in Foley, AL Lease-to-Own Companies
When selecting a lease-to-own company in Foley, AL, you should consider several factors, including how the lease-to-own process works, the types of products you can lease, the stores you can shop at, and the eligibility requirements. We'll explore what each of these factors looks like at Snap Finance in Foley and Acima Leasing so you can determine which company is right for you.
How Things Work with Snap Finance and Acima Leasing in Foley, AL
How does Acima Leasing work? Or Snap Finance? Lease-to-own companies in Foley, AL tend to work the same way. You shop in person or online at an approved Foley retailer and fill out an application. Snap Finance offers approvals from $150 to $5,000, and Acima Leasing offers $300 to $5,000 in shopping power.
After you're approved, select the eligible products you want, and Acima Leasing or Snap Finance in Foley, AL will purchase them on your behalf. You'll opt into a payment plan and complete your first payment. Continue making payments until you own the product(s) outright — it’s that simple!
Foley, AL Product Selections: Acima Leasing vs. Snap Finance
The products you can shop for with Acima Leasing and Snap Finance are determined by the eligible retailers in Foley, AL. As a general rule of thumb, eligible products include appliances, tires, electronics, jewelry, mattresses, and furniture. Ineligible items include services, anything permanently attached to a home or car, clothing, and consumable goods. To see a more detailed list of qualifying products, be sure to visit each company's website.
Acima Leasing vs. Snap Finance Stores in Foley, AL
What stores are approved by Snap Finance or Acima Leasing? Snap Finance is available at thousands of online and in-store retailers. Approved stores could include anything from local Foley, AL businesses to household names like Big O Tires, Mattress Land, and Pier 1 Imports. Confirm your favorite retailer is a Snap Finance partner before shopping.
You can apply for Acima Leasing at more than 15,000 online and in-person locations. Choose from small businesses in Foley and national brands you trust, including Ashley Furniture, Guitar Center, and GameStop. View our list of approved online retailers, or find Foley, AL stores near you.
Acima Leasing vs. Snap Finance Application and Requirements in Foley, AL
Everyone in Foley, AL deserves to get the items they need, even if they don't have the best credit. Acima Leasing and Snap Finance are here to help those shoppers. 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 Foley, AL, you must be old enough to legally enter into a contract. Snap Finance also requires an active checking account with a consistent monthly income of $750 to $1000, varying based on the type of product you're shopping for. Lastly, you have to provide an email address and smartphone number.
With Acima Leasing, shoppers in Foley, AL also need an active checking account and a monthly income of $750 or more. 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.
Consider Acima Leasing as Your Foley, AL Lease-to-Own Company
Many shoppers across Foley, AL can benefit from Acima Leasing and Snap Finance — including you. Choose the lease-to-own company that works best for you based on the stores they partner with, process for applying, and criteria for approval. Download the app and check out customer reviews to decide if Acima Leasing is the perfect match. You could be a simple application away from the spending power you need.