What to Look for in Warren, MI Lease-to-Own Companies
When comparing lease-to-own companies in Warren, MI, you want to keep a few things in mind, 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 Warren and Snap Finance so you can find the right company for you.
How Does Lease-to-Own in Warren, MI Work?
How does Snap Finance work? Or Acima Leasing? Lease-to-own companies in Warren, MI tend to work the same way. To start, you choose an approved retailer in Warren and shop in person or online. Then, you submit an application. Acima Leasing offers $300 to $5,000 in shopping power, and Snap Finance offers $150 to $5,000.
Once approved, choose the eligible items you want (within your approval amount) and Snap Finance in Warren, MI or Acima Leasing will buy them on your behalf. You'll pick a payment plan that works for you and may be asked to make a first payment. Continue making payments until you own the product(s) outright — it’s that simple!
What Can You Lease With Acima Leasing and Snap Finance in Warren, MI?
The items you can shop for in Warren, MI depend on the retailers approved by Acima Leasing or Snap Finance. Generally, these products include mattresses, appliances, tires, electronics, furniture, and jewelry. Prohibited products include consumable goods, anything permanently attached to a car or home, services, and clothing. You can visit each company’s website for a more detailed list of qualifying products.
Acima Leasing vs. Snap Finance Stores in Warren, MI
Where can you shop with help from Snap Finance or Acima Leasing? Snap Finance is available at thousands of online and in-store retailers. Your options may include local Warren, MI retailers and well-known brands like Big O Tires, Mattress Land, and Pier 1 Imports. Before you start shopping, verify which retailers near you are approved.
You can apply for Acima Leasing at more than 15,000 online and in-person locations. Your options range from small Warren businesses to national brands you trust, including Asus, Purple, and Frigidaire. Find stores near you in Warren, MI, or check out our approved online retailers.
What’s Needed to Apply for Acima Leasing or Snap Finance in Warren, MI
Both Snap Finance and Amica Leasing support Warren, MI residents with less-than-perfect credit in getting the essentials they need. Each company weighs multiple data points during application review. However, they have slightly different application and eligibility criteria.
For Snap Finance, you must be old enough to legally enter into a contract in Warren, MI. You will also need an active checking account with a steady monthly income of $750 to $1000, depending on the type of product you’re interested in. Finally, you have to provide an email address and smartphone number.
For Acima Leasing in Warren, MI, you will also need an active checking account with $750 or more in monthly income. Furthermore, you need to be 18 years or older, provide a government-issued ID and a Social Security number or ITIN (Individual Taxpayer Identification Number), and have a 3-month history with your current source of income.
Acima Leasing or Snap Finance in Warren, MI, the Choice Is Yours
Acima Leasing and Snap Finance are great options for Warren, MI shoppers who could use a little help. Select the lease-to-own company that aligns with your needs, considering approved stores, 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.