How to Choose a Lease-to-Own Company in Livonia, MI
When choosing a lease-to-own company in Livonia, MI, you want to keep a few things in mind, 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 explore what each of these factors looks like at Snap Finance in Livonia and Acima Leasing so you can determine which company is right for you.
Understanding How Snap Finance and Acima Leasing in Livonia, MI Work
How does Acima Leasing work? Or Snap Finance? Whichever Livonia, MI lease-to-own company you choose, it'll likely operate the same way. You shop in person or online at an approved Livonia retailer and fill out an application. Acima Leasing offers $300 to $5,000 in shopping power, and Snap Finance offers $150 to $5,000.
You get approved, select the eligible products you want, and Acima Leasing or Snap Finance in Livonia, MI will purchase 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 Livonia, MI?
The products you can shop for with Acima Leasing and Snap Finance are determined by the eligible retailers in Livonia, MI. As a general rule of thumb, these products include appliances, tires, electronics, jewelry, mattresses, and furniture. 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.
Acima Leasing vs. Snap Finance Stores in Livonia, MI
Who accepts Snap Finance or Acima Leasing? Snap Finance partners with thousands of in-store and online retailers. Approved stores could include anything from local Livonia, MI businesses to household names like Big O Tires, Mattress Land, and Pier 1 Imports. Before you start shopping, verify which retailers near you are approved.
Acima Leasing partners with more than 15,000 retailers online and in person. Choices include local business in Livonia and the big brands you know, including Ikea, Bestbuy, and Goodyear. View our list of approved online retailers, or find Livonia, MI stores near you.
What Are the Requirements for Acima Leasing vs. Snap Finance in Livonia, MI?
Both Snap Finance and Amica Leasing aim to help shoppers in Livonia, MI with less-than-perfect credit get the items they need. Each company weighs multiple data points to decide eligibility and spending power. But application and eligibility criteria differ slightly between companies.
To apply for Snap Finance in Livonia, MI, you must be old enough to legally enter into a contract. You also need a steady monthly income of $750 to $1,000 (depending on your desired product) in an active checking account. And a smartphone number and email address must be provided.
Acima Leasing in Livonia, MI also requires an active checking account with at least $750 in monthly income. 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).
Interested in Companies Like Snap Finance? Consider Acima Leasing in Livonia, MI
Acima Leasing and Snap Finance are great options for Livonia, MI shoppers who could use a little help. Choose the lease-to-own company that works best for you based on approved stores, application process, and approval criteria. 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.