How to Choose a Lease-to-Own Company in Waterford, MI
When choosing a lease-to-own company in Waterford, MI, you should consider several factors, 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 dive deeper into what each factor looks like at Acima Leasing in Waterford and Snap Finance so you can find the right company for you.
How Does Lease-to-Own in Waterford, MI Work?
How do Acima Leasing and Snap Finance work? Most lease-to-own companies in Waterford, MI follow similar models. You shop in person or online at an approved Waterford retailer and submit an application. Snap Finance offers approvals from $150 to $5,000, and Acima Leasing offers $300 to $5,000 in shopping power.
Once approved, choose the eligible items you want (within your approval amount) and Acima Leasing or Snap Finance in Waterford, MI will purchase them on your behalf. You'll pick a payment plan that works for you and may be asked to make a first payment. All you need to do is continue making payments until you own the item(s). It's that easy!
Waterford, MI Product Selections: Acima Leasing vs. Snap Finance
The items you can shop for vary based on which Waterford, MI retailers are approved by Snap Finance or Acima Leasing. As a general rule of thumb, eligible products include furniture, jewelry, tires, mattresses, appliances, and electronics. 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.
Waterford, MI Snap Finance Stores vs. Acima Leasing
Where can you shop with help from Snap Finance or Acima Leasing? You can apply for Snap Finance at thousands of online and brick-and-mortar stores. These stores might include small businesses in Waterford, MI and big names like Big O Tires, Mattress Land, and Pier 1 Imports. Check for approved retailers near you before you begin shopping.
More than 15,000 online and in-store retailers partner with Acima Leasing. Select from local Waterford stores and national brands you trust, including GoPro, P.C. Richards & Son, and Big Lots. Get started today at a store near you in Waterford, MI or with one of our approved online retailers.
What’s Needed to Apply for Acima Leasing or Snap Finance in Waterford, MI
Snap Finance and Amica Leasing are dedicated to helping Waterford, MI shoppers get the items they need — regardless of credit score. Each company will examine multiple data points during application review. 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 Waterford, MI. You also need a steady monthly income of $750 to $1,000 (depending on your desired product) in an active checking account. Finally, a smartphone number and email address must be provided.
In a similar vein, Acima Leasing in Waterford, MI requires an active checking account with at least $750 in monthly income. Moreover, you must provide a government-issued ID and social security or Individual Taxpayer Identification Number (ITIN), have at least a 3-month history with your current income source, and be 18 years or older.
Looking for Companies Like Snap Finance in Waterford, MI? Try Acima Leasing
Snap Finance and Acima Leasing can greatly benefit shoppers like you in Waterford, MI. It's important to pick a lease-to-own company that matches your specific needs, taking into account eligible stores, lease-to-own process, and qualification criteria. Reading customer reviews and browsing the app can help determine if Acima Leasing is the best match. You could be a simple application away from the spending power you need.