Choosing a Lease-to-Own Company in Novi, MI
When selecting a lease-to-own company in Novi, MI, there are a few key factors to think about, especially what items you can lease, the stores you can shop at, eligibility criteria, and how the lease-to-own process works. We'll examine each factor closely to see how it applies to Acima Leasing and Snap Finance in Novi so you can determine which company is right for you.
Snap Finance in Novi, MI vs. Acima Leasing: How They Work
How does Snap Finance work? Or Acima Leasing? Most lease-to-own companies in Novi, MI follow similar models. To start, you choose an approved retailer in Novi and shop in person or online. Then, you submit an application. Through Snap Finance, you may receive $150 to $5,000 in shopping power. Acima Leasing offers approvals from $300 to $5,000.
Once approved, pick the eligible items you want, and Acima Leasing or Snap Finance in Novi, MI will purchase them on your behalf. You'll choose your payment plan and make an initial payment. Continue making payments until you own the product(s) outright — it’s that simple!
What Items Can You Get With Acima Leasing or Snap Finance in Novi, MI?
Acima Leasing's and Snap Finance's approved retailers determine which items you can shop for in Novi, MI. Generally, eligible products include mattresses, appliances, tires, electronics, furniture, and jewelry. Products you can't lease include services, anything permanently attached to a home or car, clothing, and consumable goods. Each company's website will have a more detailed list of the products you can and can't shop for.
Novi, MI and Online Stores Accepting Acima Leasing and Snap Finance
Who accepts Snap Finance or Acima Leasing? Snap Finance works with thousands of retailers in-store and online. You may be able to choose from local retailers in Novi, MI as well as major brands like Mattress Land, Pier 1 Imports, and Big O Tires. Check for approved retailers near you before you begin shopping.
Acima Leasing partners with more than 15,000 retailers online and in person. Select from local Novi stores and the big brands you know, including Asus, Purple, and Frigidaire. Find stores near you in Novi, MI, or check out our approved online retailers.
Acima Leasing vs. Snap Finance Application and Requirements in Novi, MI
Everyone in Novi, 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. Each company will examine multiple data points to decide eligibility and spending power. However, they have slightly different application and eligibility criteria.
For Snap Finance, you must be old enough to legally enter into a contract in Novi, 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 share your email address and smartphone number.
In a similar vein, Acima Leasing in Novi, MI requires at least $750 in monthly income in an active checking account. Additionally, 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 Novi, MI? Try Acima Leasing
Acima Leasing and Snap Finance are great options for Novi, MI shoppers who could use a little help. It's important to pick a lease-to-own company that matches your specific needs, taking into account 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 quick application could be all that stands between you and the spending power you need.