Choosing a Lease-to-Own Company in Phoenix, AZ
When selecting a lease-to-own company in Phoenix, AZ, there are several factors to consider, especially what items you can lease, the stores you can shop at, eligibility criteria, and how the lease-to-own process works. We'll explore what each of these factors looks like at Snap Finance in Phoenix and Acima Leasing so you know which company is your best fit.
Understanding How Snap Finance and Acima Leasing in Phoenix, AZ Work
How does Snap Finance work? Or Acima Leasing? Most lease-to-own companies in Phoenix, AZ follow similar models. You shop at an approved Phoenix retailer online or in person and apply. Snap Finance offers approvals from $150 to $5,000, and Acima Leasing offers $300 to $5,000 in shopping power.
If you're approved, choose the eligible items you want (within your approval amount) and Acima Leasing in Phoenix, AZ or Snap Finance will complete the purchase on your behalf. You’ll select a payment plan and complete an initial payment. Keep making payments until the product is yours. That's all there is to it!
What Items Can You Get With Acima Leasing or Snap Finance in Phoenix, AZ?
The items you can shop for vary based on which Phoenix, AZ retailers are approved by Snap Finance or Acima Leasing. Generally, eligible items include furniture, jewelry, tires, mattresses, appliances, and electronics. Products you can't lease include anything permanently attached to a car or home, clothing, consumable goods, and services. To see a more detailed list of qualifying products, be sure to visit each company's website.
Acima Leasing vs. Snap Finance Stores in Phoenix, AZ
Where can you shop with Acima Leasing or Snap Finance? You can apply for Snap Finance at thousands of online and brick-and-mortar stores. Approved stores could include anything from local Phoenix, AZ businesses to household names like Pier 1 Imports, Big O Tires, and Mattress Land. Confirm your favorite retailer is a Snap Finance partner before shopping.
Acima Leasing partners with more than 15,000 retailers online and in person. Your options range from small Phoenix businesses to trusted name brands, including GoPro, P.C. Richards & Son, and Big Lots. Start shopping at one of our approved online retailers or in person at a store near you in Phoenix, AZ.
Am I Qualified to Apply for Snap Finance or Acima Leasing in Phoenix, AZ?
Snap Finance and Acima Leasing both want to help shoppers in Phoenix AZ get the items they need — even if they don't have perfect credit. Each company weighs multiple data points during application review. Yet, each has its own set of application and eligibility criteria.
For Snap Finance, you must be old enough to legally enter into a contract in Phoenix, AZ. 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. And a smartphone number and email address must be provided.
Acima Leasing in Phoenix, AZ also requires an active checking account with at least $750 in monthly income. Furthermore, you must be 18 years or older and have 3 months of history with your current income source, a government-issued ID, and a social security number or Individual Taxpayer Identification Number (ITIN).
Acima Leasing or Snap Finance in Phoenix, AZ, the Choice Is Yours
Acima Leasing and Snap Finance are great options for Phoenix, AZ shoppers who could use a little help. Choose the lease-to-own company that works best for you based on eligible stores, lease-to-own process, and qualification requirements. Reading customer reviews and browsing the app can help determine if Acima Leasing is the best match. A quick application could be all that stands between you and the spending power you need.