Choosing Your Lincoln, IL Lease-to-Own Company
When selecting a lease-to-own company in Lincoln, IL, you want to keep a few things in mind, especially what items you can lease, the stores you can shop at, eligibility criteria, and how the lease-to-own process works. We'll examine each factor closely to see how it applies to Acima Leasing and Snap Finance in Lincoln so you know which company is your best fit.
How Does Lease-to-Own in Lincoln, IL Work?
Are there any differences in how Snap Finance and Acima Leasing work? Lease-to-own companies in Lincoln, IL tend to work the same way. First, you pick from a list of approved Lincoln retailers. Next, you shop online or in person and submit an application. Acima Leasing offers $300 to $5,000 in shopping power, and Snap Finance offers $150 to $5,000.
You get approved, shop for the eligible products you want to get, and Snap Finance in Lincoln, IL or Acima Leasing will buy them on your behalf. You'll opt into a payment plan and complete your first payment. Keep making payments until the product is yours. That's all there is to it!
What Products Can You Shop for With Acima Leasing vs. Snap Finance in Lincoln, IL?
Acima Leasing's and Snap Finance's approved retailers determine which items you can shop for in Lincoln, IL. As a general rule of thumb, these items include mattresses, appliances, tires, electronics, furniture, and jewelry. You cannot lease 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.
What Stores Are Approved by Acima Leasing and Snap Finance in Lincoln, IL
Where can you shop with help from Snap Finance or Acima Leasing? Snap Finance is available at thousands of online and in-store retailers. Approved stores could include anything from local Lincoln, IL businesses to household names like Big O Tires, Mattress Land, and Pier 1 Imports. Before you start shopping, verify which retailers near you are approved.
Acima Leasing partners with more than 15,000 retailers online and in person. Choices include local business in Lincoln and national brands you love, including Ikea, Bestbuy, and Goodyear. Find stores near you in Lincoln, IL, or check out our approved online retailers.
What’s Needed to Apply for Acima Leasing or Snap Finance in Lincoln, IL
Everyone in Lincoln, IL 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 to decide eligibility and spending power. However, they have slightly different application and eligibility criteria.
Regarding age requirements, you must be old enough to legally enter into a contract to apply for Snap Finance in Lincoln, IL. 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 provide a smartphone number and email address.
Acima Leasing in Lincoln, IL also requires an active checking account with $750 or more in monthly income. Moreover, 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 Lincoln, IL, the Choice Is Yours
Acima Leasing and Snap Finance have a lot to offer shoppers in Lincoln, IL. Select the lease-to-own company that aligns with your needs, considering approved stores, process for applying, and criteria for approval. Reading customer reviews and browsing the app can help determine if Acima Leasing is the best match. You could be a simple application away from the spending power you need.