How to Choose a Lease-to-Own Company in Silver Spring, MD
When picking a lease-to-own company in Silver Spring, MD, you want to keep a few things in mind, including eligibility requirements, how the process works, the stores you can shop at, and what products you can lease. We'll take a closer look at each of these factors at Acima Leasing and Snap Finance in Silver Spring so you can find the right company for you.
Snap Finance in Silver Spring, MD vs. Acima Leasing: How They Work
How does Snap Finance work? Or Acima Leasing? Whichever Silver Spring, MD lease-to-own company you choose, it'll likely operate the same way. To start, you choose an approved retailer in Silver Spring and shop in person or online. Then, you complete an application. With Snap Finance, you can be approved for $150 to $5,000. With Acima Leasing, you could get $300 to $5,000 in shopping power.
You get approved, select the eligible products you want, and Snap Finance in Silver Spring, MD or Acima Leasing will buy them on your behalf. You'll opt into a payment plan and complete your first 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 Silver Spring, MD?
The items you can shop for vary based on which Silver Spring, MD retailers are approved by Snap Finance or Acima Leasing. As a general rule of thumb, eligible items include furniture, jewelry, tires, mattresses, appliances, and electronics. 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.
What Stores Are Approved by Acima Leasing and Snap Finance in Silver Spring, MD
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 Silver Spring, MD as well as major brands like Big O Tires, Mattress Land, and Pier 1 Imports. Confirm which nearby retailers are approved before you shop.
Acmia Leasing is available at more than 15,000 retailers in person and online. Choose from small businesses in Silver Spring and national brands you love, including GoPro, P.C. Richards & Son, and Big Lots. View our list of approved online retailers, or find Silver Spring, MD stores near you.
What’s Needed to Apply for Acima Leasing or Snap Finance in Silver Spring, MD
Snap Finance and Acima Leasing both want to help shoppers in Silver Spring MD get the items they need — even if they don't have perfect credit. 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 Silver Spring, MD. 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. Finally, you will need to share your email address and smartphone number.
With Acima Leasing, shoppers in Silver Spring, MD also need at least $750 in monthly income in an active checking account. Moreover, 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 Silver Spring, MD? Try Acima Leasing
Acima Leasing and Snap Finance are great options for Silver Spring, MD shoppers who could use a little help. Select the lease-to-own company that aligns with your needs, considering approved stores, process for applying, and criteria for approval. You can read customer reviews online and download the app to see if Acima Leasing is the best fit for you. A quick application could be all that stands between you and the spending power you need.