Choosing a Lease-to-Own Company in New York, NY
When selecting a lease-to-own company in New York, NY, 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 explore what each of these factors looks like at Snap Finance in New York and Acima Leasing so you can decide which company sounds best for you.
Understanding How Snap Finance and Acima Leasing in New York, NY Work
How does Snap Finance work? Or Acima Leasing? Most New York, NY lease-to-own companies operate similarly. To start, you choose an approved retailer in New York 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.
After you're approved, pick the eligible items you want, and Acima Leasing or Snap Finance in New York, NY 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!
What Can You Lease With Acima Leasing and Snap Finance in New York, NY?
The items you can shop for vary based on which New York, NY retailers are approved by Snap Finance or Acima Leasing. As a general rule of thumb, these items include furniture, jewelry, tires, mattresses, appliances, and electronics. Products you can't lease include consumable goods, anything permanently attached to a car or home, services, and clothing. To see a more detailed list of qualifying products, be sure to visit each company's website.
What Stores Are Approved by Acima Leasing and Snap Finance in New York, NY
Where can you shop with help from Snap Finance or Acima Leasing? Snap Finance partners with thousands of in-store and online retailers. These stores might include small businesses in New York, NY and big names like Mattress Land, Pier 1 Imports, and Big O Tires. 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. Select from local New York stores and national brands you love, including Asus, Purple, and Frigidaire. View our list of approved online retailers, or find New York, NY stores near you.
Acima Leasing vs. Snap Finance Application and Requirements in New York, NY
Snap Finance and Amica Leasing are dedicated to helping New York, NY shoppers get the items they need — regardless of credit score. Each company weighs multiple data points to decide eligibility and spending power. However, they differ slightly in their application and eligibility requirements.
Regarding age requirements, you must be old enough to legally enter into a contract to apply for Snap Finance in New York, NY. 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. And a smartphone number and email address must be provided.
In a similar vein, Acima Leasing in New York, NY requires an active checking account with at least $750 in monthly income. Moreover, you must have 3 months of history with your current source of income, be at least 18 years old, and provide a social security number or Individual Taxpayer Identification Number (ITIN) and government-issued identification.
Looking for Companies Like Snap Finance in New York, NY? Try Acima Leasing
Snap Finance and Acima Leasing can greatly benefit shoppers like you in New York, NY. Select the lease-to-own company that aligns with your needs, considering eligible retailers, 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. You could be a simple application away from the spending power you need.