How to Choose a Lease-to-Own Company in St Louis, MO

When choosing a lease-to-own company in St Louis, MO, there are a few key factors to think about, 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 take a closer look at each of these factors at Acima Leasing and Snap Finance in St Louis so you can decide which company sounds best for you.

Understanding How Snap Finance and Acima Leasing in St Louis, MO Work

How does Acima Leasing work? Or Snap Finance? Lease-to-own companies in St Louis, MO tend to work the same way. To start, you choose an approved retailer in St Louis and shop in person or online. Then, you fill out an application. Through Snap Finance, you may receive $150 to $5,000 in shopping power. Acima Leasing offers approvals from $300 to $5,000.

If you're approved, choose the eligible items you want (within your approval amount) and Snap Finance or Acima Leasing in St Louis, MO will make the purchase on your behalf. You’ll select a payment plan and complete an initial payment. Keep making payments until the product is yours. That's all there is to it!

What Can You Lease With Acima Leasing and Snap Finance in St Louis, MO?

The items you can shop for in St Louis, MO depend on the retailers approved by Acima Leasing or Snap Finance. As a general rule of thumb, these products include jewelry, electronics, furniture, mattresses, tires, and appliances. Products you can't lease include clothing, consumable goods, services, and anything permanently attached to a home or car. To see a more detailed list of qualifying products, be sure to visit each company's website.

Acima Leasing vs. Snap Finance Stores in St Louis, MO

Who accepts Snap Finance or Acima Leasing? Snap Finance is available at thousands of online and in-store retailers. You may be able to choose from local retailers in St Louis, MO as well as major brands like Mattress Land, Pier 1 Imports, and Big O Tires. Confirm your favorite retailer is a Snap Finance partner before shopping.

More than 15,000 online and in-store retailers partner with Acima Leasing. Select from local St Louis stores and trusted name brands, including GoPro, P.C. Richards & Son, and Big Lots. Get started today at a store near you in St Louis, MO or with one of our approved online retailers.

Acima Leasing vs. Snap Finance Application and Requirements in St Louis, MO

Snap Finance and Acima Leasing both want to help shoppers in St Louis MO get the items they need — even if they don't have perfect credit. Each company weighs multiple data points when reviewing applications and deciding spending power. Yet, each has its own set of application and eligibility criteria.

Snap Finance requires you to be old enough to legally enter into a contract in St Louis, MO. Snap Finance also requires an active checking account with a consistent monthly income of  $750 to $1000, varying based on the type of product you're shopping for. And you have to provide an email address and smartphone number.

With Acima Leasing, shoppers in St Louis, MO also need at least $750 in monthly income in an active checking account. Moreover, 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).

Acima Leasing or Snap Finance in St Louis, MO, the Choice Is Yours

Acima Leasing and Snap Finance have a lot to offer shoppers in St Louis, MO. Select the lease-to-own company that aligns with your needs, considering the stores they partner with, process for applying, and criteria for approval. You can read customer reviews online and download the app to see if Acima Leasing is the best fit for you. The spending power you need is a quick application away.