How to Choose a Lease-to-Own Company in Grand Rapids, MI
When selecting a lease-to-own company in Grand Rapids, MI, 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 take a closer look at each of these factors at Acima Leasing and Snap Finance in Grand Rapids so you can find the right company for you.
Understanding How Snap Finance and Acima Leasing in Grand Rapids, MI Work
How do Acima Leasing and Snap Finance work? Whichever Grand Rapids, MI lease-to-own company you choose, it'll likely operate the same way. You shop in person or online at an approved Grand Rapids retailer and complete an application. Acima Leasing offers $300 to $5,000 in shopping power, and Snap Finance offers $150 to $5,000.
If you're approved, pick the eligible items you want, and Snap Finance in Grand Rapids, MI or Acima Leasing will buy them on your behalf. You'll choose your payment plan and make an initial payment. Simply keep making payments until the item is yours — it's that straightforward!
What Items Can You Get With Acima Leasing or Snap Finance in Grand Rapids, MI?
The products you can shop for with Acima Leasing and Snap Finance are determined by the eligible retailers in Grand Rapids, MI. Usually, eligible products include mattresses, appliances, tires, electronics, furniture, and jewelry. Prohibited items include anything permanently attached to a car or home, clothing, consumable goods, and services. You can visit each company’s website for a more detailed list of qualifying products.
Grand Rapids, MI Snap Finance Stores vs. Acima Leasing
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 Grand Rapids, MI 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.
You can apply for Acima Leasing at more than 15,000 online and in-person locations. Your options range from small Grand Rapids businesses to national brands you love, including Asus, Purple, and Frigidaire. View our list of approved online retailers, or find Grand Rapids, MI stores near you.
What Are the Requirements for Acima Leasing vs. Snap Finance in Grand Rapids, MI?
Both Snap Finance and Amica Leasing support Grand Rapids, MI residents with less-than-perfect credit in getting the essentials they need. Each company considers multiple data points to decide eligibility and spending power. Yet, each has its own set of application and eligibility criteria.
For Snap Finance, you must be old enough to legally enter into a contract in Grand Rapids, 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. Finally, you will need to share your email address and smartphone number.
For Acima Leasing in Grand Rapids, MI, you will also need at least $750 in monthly income in an active checking account. Furthermore, 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).
Looking for Companies Like Snap Finance in Grand Rapids, MI? Try Acima Leasing
Snap Finance and Acima Leasing can greatly benefit shoppers like you in Grand Rapids, MI. It's important to pick a lease-to-own company that matches your specific needs, taking into account eligible stores, 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. A simple application could put the items you need in your hands today.