How to Choose a Lease-to-Own Company in Mattoon, IL
When selecting a lease-to-own company in Mattoon, IL, you should consider several factors, especially what items you can lease, the stores you can shop at, eligibility criteria, and how the lease-to-own process works. We’ll dive deeper into what each factor looks like at Acima Leasing in Mattoon and Snap Finance so you can determine which company is right for you.
Understanding How Snap Finance and Acima Leasing in Mattoon, IL Work
How does Snap Finance work? Or Acima Leasing? Most lease-to-own companies in Mattoon, IL follow similar models. First, you pick from a list of approved Mattoon 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, pick the eligible items you want, and Snap Finance or Acima Leasing in Mattoon, IL will make the purchase on your behalf. You’ll select a payment plan and complete an initial payment. Continue making payments until you own the product(s) outright — it’s that simple!
What Products Can You Shop for With Acima Leasing vs. Snap Finance in Mattoon, IL?
The items you can shop for in Mattoon, IL depend on the retailers approved by Acima Leasing or Snap Finance. As a general rule of thumb, these items include appliances, tires, electronics, jewelry, mattresses, and furniture. 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.
Mattoon, IL Snap Finance Stores vs. Acima Leasing
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. You may be able to choose from local retailers in Mattoon, IL as well as major brands like Mattress Land, Pier 1 Imports, and Big O Tires. Check for approved retailers near you before you begin shopping.
Acmia Leasing is available at more than 15,000 retailers in person and online. Choose from small businesses in Mattoon and the big brands you know, including Ikea, Bestbuy, and Goodyear. View our list of approved online retailers, or find Mattoon, IL stores near you.
Acima Leasing vs. Snap Finance Application and Requirements in Mattoon, IL
For shoppers in Mattoon, IL with less-than-perfect credit, both Snap Finance and Amica Leasing provide the opportunity to get the items they need. Multiple data points are taken into consideration during application review. But application and eligibility criteria differ slightly between companies.
Regarding age requirements, you must be old enough to legally enter into a contract to apply for Snap Finance in Mattoon, IL. You must also have an active checking account and a consistent monthly income between $750 and $1000. This amount can vary based on the type of product you want. Lastly, you will need to provide a smartphone number and email address.
Acima Leasing in Mattoon, IL also requires an active checking account with $750 or more 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 Mattoon, IL, the Choice Is Yours
Snap Finance and Acima Leasing can greatly benefit shoppers like you in Mattoon, IL. Select the lease-to-own company that aligns with your needs, considering 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 quick application could be all that stands between you and the spending power you need.