Snap Finance in New London, CT or Acima Leasing: Which is Better for You?

Looking for a lease-to-own company in New London, CT? You have choices. We compare Acima Leasing and Snap Finance to help you find the right option for your needs.

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Acima makes it possible.*

Flexible terms that put you in control.

  • Complete the Lease

    After all scheduled payments have been made as detailed in your agreement, the merchandise is yours to keep.

  • Early Purchase Savings

    You can choose to purchase your item at any point during the lease at a discount.  The sooner you do so, the more you save.

  • Hassle-Free Returns

    If you no longer want to keep an item, you have the option to return it in good condition with no further obligation.

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What to Look for in New London, CT Lease-to-Own Companies

When comparing lease-to-own companies in New London, CT, you want to keep a few things in mind, including eligibility requirements, how the process works, the stores you can shop at, and what products you can lease. We’ll dive deeper into what each factor looks like at Acima Leasing in New London and Snap Finance so you can determine which company is right for you.

Snap Finance in New London, CT vs. Acima Leasing: How They Work

How do Acima Leasing and Snap Finance work? Most New London, CT lease-to-own companies operate similarly. You shop in person or online at an approved New London retailer and fill out an application. Acima Leasing offers $300 to $5,000 in shopping power, and Snap Finance offers $150 to $5,000.

You get approved, choose the eligible items you want (within your approval amount) and Acima Leasing or Snap Finance in New London, CT will purchase them on your behalf. You’ll select a payment plan and complete an initial payment. Simply keep making payments until the item is yours — it's that straightforward!

New London, CT Product Selections: Acima Leasing vs. Snap Finance

Acima Leasing's and Snap Finance's approved retailers determine which items you can shop for in New London, CT. Generally, these items include appliances, tires, electronics, jewelry, mattresses, and furniture. You cannot lease clothing, consumable goods, services, and anything permanently attached to a home or car. To see a more detailed list of qualifying products, be sure to visit each company's website.

Acima Leasing vs. Snap Finance Stores in New London, CT

Where can you shop with Acima Leasing or Snap Finance? Snap Finance partners with thousands of in-store and online retailers. These stores might include small businesses in New London, CT and big names like Big O Tires, Mattress Land, and Pier 1 Imports. Check for approved retailers near you before you begin shopping.

You can apply for Acima Leasing at more than 15,000 online and in-person locations. Select from local New London stores and trusted name brands, including Asus, Purple, and Frigidaire. Find stores near you in New London, CT, or check out our approved online retailers.

What Are the Requirements for Acima Leasing vs. Snap Finance in New London, CT?

Snap Finance and Acima Leasing both want to help shoppers in New London CT get the items they need — even if they don't have perfect credit. Multiple data points are taken into consideration when reviewing applications and deciding spending power. But application and eligibility criteria differ slightly between companies.

To apply for Snap Finance in New London, CT, 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. And you have to provide an email address and smartphone number.

For Acima Leasing in New London, CT, you will also need an active checking account and a monthly income of $750 or more. Furthermore, 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.

Interested in Companies Like Snap Finance? Consider Acima Leasing in New London, CT

Acima Leasing and Snap Finance are great options for New London, CT shoppers who could use a little help. Choose the lease-to-own company that works best for you based on eligible stores, process for applying, and qualification criteria. Reading customer reviews and browsing the app can help determine if Acima Leasing is the best match. A simple application could put the items you need in your hands today.