How to Choose a Lease-to-Own Company in Peoria, IL
When selecting a lease-to-own company in Peoria, IL, you want to keep a few things in mind, including how the lease-to-own process works, the types of products you can lease, the stores you can shop at, and the eligibility requirements. We’ll dive deeper into what each factor looks like at Acima Leasing in Peoria and Snap Finance so you can decide which company sounds best for you.
How Does Lease-to-Own in Peoria, IL Work?
How does Acima Leasing work? Or Snap Finance? Most lease-to-own companies in Peoria, IL follow similar models. First, you pick from a list of approved Peoria retailers. Next, you shop online or in person and apply. Snap Finance offers approvals from $150 to $5,000, and Acima Leasing offers $300 to $5,000 in shopping power.
Once approved, pick the eligible items you want, and Acima Leasing in Peoria, IL or Snap Finance will complete the purchase on your behalf. You'll choose your payment plan and make an initial payment. Keep making payments until the product is yours. That's all there is to it!
What Items Can You Get With Acima Leasing or Snap Finance in Peoria, IL?
The items you can shop for in Peoria, IL depend on the retailers approved by Acima Leasing or Snap Finance. Typically, these products include jewelry, electronics, furniture, mattresses, tires, and appliances. Prohibited items include services, anything permanently attached to a home or car, clothing, and consumable goods. You can visit each company’s website for a more detailed list of qualifying products.
What Stores Are Approved by Acima Leasing and Snap Finance in Peoria, IL
What stores are approved by Snap Finance or Acima Leasing? You can apply for Snap Finance at thousands of online and brick-and-mortar stores. Approved stores could include anything from local Peoria, IL businesses to household 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. Your options range from small Peoria businesses to the big brands you know, including Asus, Purple, and Frigidaire. View our list of approved online retailers, or find Peoria, IL stores near you.
What’s Needed to Apply for Acima Leasing or Snap Finance in Peoria, IL
Snap Finance and Amica Leasing are dedicated to helping Peoria, IL shoppers get the items they need — regardless of credit score. Each company will examine multiple data points to decide eligibility and spending power. However, they have slightly different application and eligibility criteria.
Snap Finance requires you to be old enough to legally enter into a contract in Peoria, 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. And you will need to provide a smartphone number and email address.
In a similar vein, Acima Leasing in Peoria, IL requires an active checking account with at least $750 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 Peoria, IL, the Choice Is Yours
Acima Leasing and Snap Finance have a lot to offer shoppers in Peoria, IL. It's important to pick a lease-to-own company that matches your specific needs, taking into account approved stores, lease-to-own process, and approval criteria. You can read customer reviews online and download the app to see if Acima Leasing is the best fit for you. A simple application could put the items you need in your hands today.