What to Look for in Detroit, MI Lease-to-Own Companies
When choosing a lease-to-own company in Detroit, MI, there are a few key factors to think about, such as the stores you can shop at, the items you can lease, eligibility criteria, and how the process works. We’ll dive deeper into what each factor looks like at Acima Leasing in Detroit and Snap Finance so you can find the right company for you.
How Does Lease-to-Own in Detroit, MI Work?
How does Snap Finance work? Or Acima Leasing? Lease-to-own companies in Detroit, MI tend to work the same way. First, you pick from a list of approved Detroit retailers. Next, you shop online or in person and fill out an application. 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 or Snap Finance in Detroit, MI will purchase them on your behalf. You'll pick a payment plan that works for you and may be asked to make a 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 Detroit, MI?
The items you can shop for in Detroit, MI depend on the retailers approved by Acima Leasing or Snap Finance. Typically, these items include furniture, jewelry, tires, mattresses, appliances, and electronics. You cannot lease consumable goods, anything permanently attached to a car or home, services, and clothing. Each company's website will have a more detailed list of the products you can and can't shop for.
Acima Leasing vs. Snap Finance Stores in Detroit, MI
Who accepts Snap Finance or Acima Leasing? Snap Finance partners with thousands of in-store and online retailers. Your options may include local Detroit, MI retailers and well-known brands like Mattress Land, Pier 1 Imports, and Big O Tires. Check for approved retailers near you before you begin shopping.
Acmia Leasing is available at more than 15,000 retailers in person and online. Choose from small businesses in Detroit and the big brands you know, including Asus, Purple, and Frigidaire. View our list of approved online retailers, or find Detroit, MI stores near you.
Am I Qualified to Apply for Snap Finance or Acima Leasing in Detroit, MI?
Everyone in Detroit, MI deserves to get the items they need, even if they don't have the best credit. Acima Leasing and Snap Finance are here to help those shoppers. Multiple data points are taken into consideration 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 Detroit, MI. You also need a steady monthly income of $750 to $1,000 (depending on your desired product) in an active checking account. Finally, you will need to provide a smartphone number and email address.
In a similar vein, Acima Leasing in Detroit, MI requires an active checking account with $750 or more in monthly income. Moreover, you must have 3 months of history with your current source of income, be at least 18 years old, and provide a social security number or Individual Taxpayer Identification Number (ITIN) and government-issued identification.
Looking for Companies Like Snap Finance in Detroit, MI? Try Acima Leasing
Snap Finance and Acima Leasing can greatly benefit shoppers like you in Detroit, MI. You need to choose the lease-to-own company that meets your needs based on the stores they partner with, application process, and qualification criteria. Download the app and check out customer reviews to decide if Acima Leasing is the perfect match. A simple application could put the items you need in your hands today.