What to Look for in Addison, IL Lease-to-Own Companies
When selecting a lease-to-own company in Addison, IL, you want to keep a few things in mind, 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 Addison and Acima Leasing so you can determine which company is right for you.
How Things Work with Snap Finance and Acima Leasing in Addison, IL
How does Acima Leasing work? Or Snap Finance? Most lease-to-own companies in Addison, IL follow similar models. First, you pick from a list of approved Addison retailers. Next, you shop online or in person and complete an application. Through Snap Finance, you may receive $150 to $5,000 in shopping power. Acima Leasing offers approvals from $300 to $5,000.
If you're approved, select the eligible products you want, and Acima Leasing in Addison, IL or Snap Finance will complete the purchase on your behalf. You'll opt into a payment plan and complete your first payment. All you need to do is continue making payments until you own the item(s). It's that easy!
What Can You Lease With Acima Leasing and Snap Finance in Addison, IL?
The items you can shop for vary based on which Addison, IL retailers are approved by Snap Finance or Acima Leasing. As a general rule of thumb, eligible items include appliances, tires, electronics, jewelry, mattresses, and furniture. Prohibited products include services, anything permanently attached to a home or car, clothing, and consumable goods. Check each company's website ahead of time to see what items you're allowed to shop for.
Addison, IL Snap Finance Stores vs. Acima Leasing
Who accepts Snap Finance or Acima Leasing? Snap Finance partners with thousands of in-store and online retailers. These stores might include small businesses in Addison, IL and big names like Mattress Land, Pier 1 Imports, and Big O Tires. Confirm which nearby retailers are approved before you shop.
More than 15,000 online and in-store retailers partner with Acima Leasing. Choices include local business in Addison and national brands you trust, including GoPro, P.C. Richards & Son, and Big Lots. View our list of approved online retailers, or find Addison, IL stores near you.
What’s Needed to Apply for Acima Leasing or Snap Finance in Addison, IL
Snap Finance and Acima Leasing both want to help shoppers in Addison IL get the items they need — even if they don't have perfect credit. Each company will examine multiple data points during application review. However, they differ slightly in their application and eligibility requirements.
To apply for Snap Finance in Addison, IL, 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. Finally, you will need to share your email address and smartphone number.
Acima Leasing in Addison, IL also requires an active checking account with at least $750 in monthly income. 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.
Looking for Companies Like Snap Finance in Addison, IL? Try Acima Leasing
Acima Leasing and Snap Finance are great options for Addison, IL shoppers who could use a little help. It's important to pick a lease-to-own company that matches your specific needs, taking into account eligible stores, lease-to-own process, and approval criteria. Is Acma Leasing right for you? Read our customer reviews online and download the app. A quick application could be all that stands between you and the spending power you need.