What to Look for in Chicago, IL Lease-to-Own Companies
When comparing lease-to-own companies in Chicago, IL, 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 Chicago and Acima Leasing so you can determine which company is right for you.
Snap Finance in Chicago, IL vs. Acima Leasing: How They Work
Are there any differences in how Snap Finance and Acima Leasing work? Most lease-to-own companies in Chicago, IL follow similar models. To start, you choose an approved retailer in Chicago and shop in person or online. Then, you apply. 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 Snap Finance in Chicago, IL or Acima Leasing will buy them 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!
Chicago, IL Product Selections: Acima Leasing vs. Snap Finance
The items you can shop for in Chicago, IL depend on the retailers approved by Acima Leasing or Snap Finance. Generally, eligible items include appliances, tires, electronics, jewelry, mattresses, and furniture. Ineligible items 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.
Chicago, IL and Online Stores Accepting Acima Leasing and Snap Finance
Where can you shop with Acima Leasing or Snap Finance? Snap Finance works with thousands of retailers in-store and online. These stores might include small businesses in Chicago, IL and big names like Big O Tires, Mattress Land, and Pier 1 Imports. Check for approved retailers near you before you begin shopping.
Acima Leasing partners with more than 15,000 retailers online and in person. Choices include local business in Chicago and trusted name brands, including Ashley Furniture, Guitar Center, and GameStop. Find stores near you in Chicago, IL, or check out our approved online retailers.
Am I Qualified to Apply for Snap Finance or Acima Leasing in Chicago, IL?
Both Snap Finance and Amica Leasing support Chicago, IL residents with less-than-perfect credit in getting the essentials they need. Each company weighs multiple data points during application review. But application and eligibility criteria differ slightly between companies.
To apply for Snap Finance in Chicago, IL, 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. Lastly, you have to provide an email address and smartphone number.
Acima Leasing in Chicago, IL also requires an active checking account with $750 or more in monthly income. Additionally, you need to be 18 years or older, provide a government-issued ID and a Social Security number or ITIN (Individual Taxpayer Identification Number), and have a 3-month history with your current source of income.
Acima Leasing or Snap Finance in Chicago, IL, the Choice Is Yours
Acima Leasing and Snap Finance have a lot to offer shoppers in Chicago, IL. Select the lease-to-own company that aligns with your needs, considering the stores they partner with, process for applying, and approval criteria. 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.