Choosing Your Royal Oak, MI Lease-to-Own Company
When picking a lease-to-own company in Royal Oak, MI, there are a few key factors to think about, including eligibility requirements, how the process works, the stores you can shop at, and what products you can lease. We’ll dive deeper into what each factor looks like at Acima Leasing in Royal Oak and Snap Finance so you can determine which company is right for you.
Understanding How Snap Finance and Acima Leasing in Royal Oak, MI Work
How does Snap Finance work? Or Acima Leasing? Most lease-to-own companies in Royal Oak, MI follow similar models. You shop in person or online at an approved Royal Oak retailer 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, shop for the eligible products you want to get, and Acima Leasing or Snap Finance in Royal Oak, MI will purchase them on your behalf. You’ll select a payment plan and complete 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 Royal Oak, MI?
The items you can shop for in Royal Oak, MI depend on the retailers approved by Acima Leasing or Snap Finance. Typically, these items include tires, furniture, appliances, jewelry, electronics, and mattresses. Prohibited products include consumable goods, anything permanently attached to a car or home, services, and clothing. Check each company's website ahead of time to see what items you're allowed to shop for.
What Stores Are Approved by Acima Leasing and Snap Finance in Royal Oak, MI
What stores are approved by Snap Finance or Acima Leasing? Snap Finance works with thousands of retailers in-store and online. These stores might include small businesses in Royal Oak, MI and big names like Big O Tires, Mattress Land, and Pier 1 Imports. Before you start shopping, verify which retailers near you are approved.
More than 15,000 online and in-store retailers partner with Acima Leasing. Choose from small businesses in Royal Oak and national brands you love, including GoPro, P.C. Richards & Son, and Big Lots. Find stores near you in Royal Oak, MI, or check out our approved online retailers.
What Are the Requirements for Acima Leasing vs. Snap Finance in Royal Oak, MI?
Both Snap Finance and Amica Leasing support Royal Oak, MI residents with less-than-perfect credit in getting the essentials they need. Each company will examine multiple data points when reviewing applications and deciding 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 Royal Oak, 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 share your email address and smartphone number.
Acima Leasing in Royal Oak, MI also requires an active checking account with $750 or more 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).
Looking for Companies Like Snap Finance in Royal Oak, MI? Try Acima Leasing
Acima Leasing and Snap Finance have a lot to offer shoppers in Royal Oak, MI. Select the lease-to-own company that aligns with your needs, considering the stores they partner with, lease-to-own process, and approval requirements. 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.