What to Look for in Lafayette, IN Lease-to-Own Companies
When picking a lease-to-own company in Lafayette, IN, 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 Lafayette and Acima Leasing so you can decide which company sounds best for you.
Snap Finance in Lafayette, IN vs. Acima Leasing: How They Work
Are there any differences in how Snap Finance and Acima Leasing work? Most lease-to-own companies in Lafayette, IN follow similar models. You shop at an approved Lafayette retailer online or in person and complete an application. Acima Leasing offers $300 to $5,000 in shopping power, and Snap Finance offers $150 to $5,000.
After you're approved, pick the eligible items you want, and Snap Finance in Lafayette, IN or Acima Leasing will buy them 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 Can You Lease With Acima Leasing and Snap Finance in Lafayette, IN?
The items you can shop for vary based on which Lafayette, IN retailers are approved by Snap Finance or Acima Leasing. Usually, eligible items include jewelry, electronics, furniture, mattresses, tires, and appliances. Ineligible items include consumable goods, anything permanently attached to a car or home, services, and clothing. 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 Lafayette, IN
What stores are approved by Snap Finance or Acima Leasing? Snap Finance works with thousands of retailers in-store and online. You may be able to choose from local retailers in Lafayette, IN as well as major brands 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. Select from local Lafayette stores and trusted name brands, including Asus, Purple, and Frigidaire. Start shopping at one of our approved online retailers or in person at a store near you in Lafayette, IN.
Acima Leasing vs. Snap Finance Application and Requirements in Lafayette, IN
Both Snap Finance and Amica Leasing aim to help shoppers in Lafayette, IN with less-than-perfect credit get the items they need. Multiple data points are taken into consideration to determine your eligibility and spending power. However, they have slightly different application and eligibility criteria.
For Snap Finance, you must be old enough to legally enter into a contract in Lafayette, IN. 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. Lastly, you have to provide an email address and smartphone number.
For Acima Leasing in Lafayette, IN, you will also need an active checking account with at least $750 in monthly income. Additionally, you must provide a government-issued ID and social security or Individual Taxpayer Identification Number (ITIN), have at least a 3-month history with your current income source, and be 18 years or older.
Looking for Companies Like Snap Finance in Lafayette, IN? Try Acima Leasing
Snap Finance and Acima Leasing can greatly benefit shoppers like you in Lafayette, IN. You need to choose the lease-to-own company that meets your needs based on approved stores, application process, 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.