How to Choose a Lease-to-Own Company in Auburn Hills, MI
When selecting a lease-to-own company in Auburn Hills, MI, you should consider several factors, 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 Auburn Hills and Snap Finance so you can determine which company is right for you.
Understanding How Snap Finance and Acima Leasing in Auburn Hills, MI Work
How does Acima Leasing work? Or Snap Finance? Most lease-to-own companies in Auburn Hills, MI follow similar models. You shop at an approved Auburn Hills retailer online or in person and apply. Through Snap Finance, you may receive $150 to $5,000 in shopping power. Acima Leasing offers approvals from $300 to $5,000.
Once approved, choose the eligible items you want (within your approval amount) and Acima Leasing in Auburn Hills, MI or Snap Finance will complete the purchase 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 Auburn Hills, MI?
The items you can shop for vary based on which Auburn Hills, MI retailers are approved by Snap Finance or Acima Leasing. Typically, these products include mattresses, appliances, tires, electronics, furniture, and jewelry. Prohibited products include clothing, consumable goods, services, and anything permanently attached to a home or car. Each company's website will have a more detailed list of the products you can and can't shop for.
Auburn Hills, MI and Online Stores Accepting Acima Leasing and Snap Finance
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. Your options may include local Auburn Hills, MI retailers and well-known brands like Big O Tires, Mattress Land, and Pier 1 Imports. Confirm your favorite retailer is a Snap Finance partner before shopping.
Acima Leasing partners with more than 15,000 retailers online and in person. Select from local Auburn Hills stores and national brands you love, including GoPro, P.C. Richards & Son, and Big Lots. View our list of approved online retailers, or find Auburn Hills, MI stores near you.
Am I Qualified to Apply for Snap Finance or Acima Leasing in Auburn Hills, MI?
Snap Finance and Acima Leasing both want to help shoppers in Auburn Hills MI get the items they need — even if they don't have perfect credit. Multiple data points are taken into consideration when reviewing applications and deciding spending power. Yet, each has its own set of application and eligibility criteria.
Snap Finance requires you to be old enough to legally enter into a contract in Auburn Hills, MI. You must also have an active checking account and a consistent monthly income between $750 and $1000. This amount can vary based on the type of product you want. Lastly, you will need to provide a smartphone number and email address.
For Acima Leasing in Auburn Hills, MI, you will also need an active checking account and a monthly income of $750 or more. Additionally, 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 Auburn Hills, MI, the Choice Is Yours
Snap Finance and Acima Leasing can greatly benefit shoppers like you in Auburn Hills, MI. 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 criteria. You can read customer reviews online and download the app to see if Acima Leasing is the best fit for you. You could be a simple application away from the spending power you need.