Choosing Your Covington, KY Lease-to-Own Company
When choosing a lease-to-own company in Covington, KY, 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 Covington so you can find the right company for you.
How Does Lease-to-Own in Covington, KY Work?
Are there any differences in how Snap Finance and Acima Leasing work? Lease-to-own companies in Covington, KY tend to work the same way. To start, you choose an approved retailer in Covington and shop in person or online. Then, you apply. Acima Leasing offers $300 to $5,000 in shopping power, and Snap Finance offers $150 to $5,000.
If you're approved, choose the eligible items you want (within your approval amount) and Acima Leasing in Covington, KY or Snap Finance will complete the purchase on your behalf. You'll choose your payment plan and make 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 Covington, KY?
The items you can shop for vary based on which Covington, KY retailers are approved by Snap Finance or Acima Leasing. As a general rule of thumb, eligible products include tires, furniture, appliances, jewelry, electronics, and mattresses. Prohibited products include clothing, consumable goods, services, and anything permanently attached to a home or car. 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 Covington, KY
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. You may be able to choose from local retailers in Covington, KY as well as major brands like Pier 1 Imports, Big O Tires, and Mattress Land. Before you start shopping, verify which retailers near you are approved.
You can apply for Acima Leasing at more than 15,000 online and in-person locations. Your options range from small Covington businesses to national brands you love, including GoPro, P.C. Richards & Son, and Big Lots. View our list of approved online retailers, or find Covington, KY stores near you.
What Are the Requirements for Acima Leasing vs. Snap Finance in Covington, KY?
Snap Finance and Amica Leasing are dedicated to helping Covington, KY shoppers get the items they need — regardless of credit score. Each company weighs multiple data points when reviewing applications and deciding spending power. But application and eligibility criteria differ slightly between companies.
Snap Finance requires you to be old enough to legally enter into a contract in Covington, KY. You also need a steady monthly income of $750 to $1,000 (depending on your desired product) in an active checking account. Lastly, you have to provide an email address and smartphone number.
With Acima Leasing, shoppers in Covington, KY also need an active checking account with $750 or more in monthly income. Moreover, 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).
Interested in Companies Like Snap Finance? Consider Acima Leasing in Covington, KY
Many shoppers across Covington, KY can benefit from Acima Leasing and Snap Finance — including you. You need to choose the lease-to-own company that meets your needs based on the stores they partner with, process for applying, and approval requirements. 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.