Choosing Your Melrose Park, IL Lease-to-Own Company
When picking a lease-to-own company in Melrose Park, IL, there are a few key factors to think about, especially what items you can lease, the stores you can shop at, eligibility criteria, and how the lease-to-own process works. We'll explore what each of these factors looks like at Snap Finance in Melrose Park and Acima Leasing so you can decide which company sounds best for you.
Snap Finance in Melrose Park, IL vs. Acima Leasing: How They Work
How does Acima Leasing work? Or Snap Finance? Most lease-to-own companies in Melrose Park, IL follow similar models. You shop at an approved Melrose Park retailer online or in person and fill out an application. Acima Leasing offers $300 to $5,000 in shopping power, and Snap Finance offers $150 to $5,000.
If you're approved, select the eligible products you want, and Acima Leasing in Melrose Park, IL or Snap Finance will complete the purchase on your behalf. You’ll select a payment plan and complete an initial payment. All you need to do is continue making payments until you own the item(s). It's that easy!
What Items Can You Get With Acima Leasing or Snap Finance in Melrose Park, IL?
The items you can shop for in Melrose Park, IL depend on the retailers approved by Acima Leasing or Snap Finance. Generally, eligible items include tires, furniture, appliances, jewelry, electronics, and mattresses. 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.
Acima Leasing vs. Snap Finance Stores in Melrose Park, IL
Who accepts Snap Finance or Acima Leasing? You can apply for Snap Finance at thousands of online and brick-and-mortar stores. These stores might include small businesses in Melrose Park, IL and big names like Pier 1 Imports, Big O Tires, and Mattress Land. Confirm your favorite retailer is a Snap Finance partner before shopping.
More than 15,000 online and in-store retailers partner with Acima Leasing. Choose from small businesses in Melrose Park and the big brands you know, including GoPro, P.C. Richards & Son, and Big Lots. Find stores near you in Melrose Park, IL, or check out our approved online retailers.
What’s Needed to Apply for Acima Leasing or Snap Finance in Melrose Park, IL
For shoppers in Melrose Park, IL with less-than-perfect credit, both Snap Finance and Amica Leasing provide the opportunity to get the items they need. Each company will examine multiple data points to determine your eligibility and spending power. However, they differ slightly in their application and eligibility requirements.
For Snap Finance, you must be old enough to legally enter into a contract in Melrose Park, IL. 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. And you have to provide an email address and smartphone number.
Acima Leasing in Melrose Park, IL also requires an active checking account with $750 or more in monthly income. Additionally, 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 Melrose Park, IL, the Choice Is Yours
Acima Leasing and Snap Finance are great options for Melrose Park, IL shoppers who could use a little help. You need to choose the lease-to-own company that meets your needs based on eligible retailers, process for applying, and approval requirements. 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.