What to Look for in Salem, VA Lease-to-Own Companies
When comparing lease-to-own companies in Salem, VA, you want to keep a few things in mind, especially what items you can lease, the stores you can shop at, eligibility criteria, and how the lease-to-own process works. We'll explore what each of these factors looks like at Snap Finance in Salem and Acima Leasing so you can determine which company is right for you.
How Does Lease-to-Own in Salem, VA Work?
How does Acima Leasing work? Or Snap Finance? Most Salem, VA lease-to-own companies operate similarly. You shop at an approved Salem retailer online or in person and apply. With Snap Finance, you can be approved for $150 to $5,000. With Acima Leasing, you could get $300 to $5,000 in shopping power.
If you're approved, choose the eligible items you want (within your approval amount) and Acima Leasing in Salem, VA or Snap Finance will complete the purchase 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 Can You Lease With Acima Leasing and Snap Finance in Salem, VA?
The items you can shop for vary based on which Salem, VA retailers are approved by Snap Finance or Acima Leasing. As a general rule of thumb, eligible items include tires, furniture, appliances, jewelry, electronics, and mattresses. Prohibited products include anything permanently attached to a car or home, clothing, consumable goods, and services. Each company's website will have a more detailed list of the products you can and can't shop for.
Acima Leasing vs. Snap Finance Stores in Salem, VA
What stores are approved by 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 Salem, VA as well as major brands like Big O Tires, Mattress Land, and Pier 1 Imports. Confirm your favorite retailer is a Snap Finance partner before shopping.
Acmia Leasing is available at more than 15,000 retailers in person and online. Select from local Salem stores and national brands you love, including Ashley Furniture, Guitar Center, and GameStop. Get started today at a store near you in Salem, VA or with one of our approved online retailers.
What’s Needed to Apply for Acima Leasing or Snap Finance in Salem, VA
Both Snap Finance and Amica Leasing aim to help shoppers in Salem, VA with less-than-perfect credit get the items they need. Each company weighs multiple data points to decide eligibility and spending power. However, they have slightly different application and eligibility criteria.
Snap Finance requires you to be old enough to legally enter into a contract in Salem, VA. 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. And you will need to share your email address and smartphone number.
Acima Leasing in Salem, VA also requires an active checking account with at least $750 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.
Interested in Companies Like Snap Finance? Consider Acima Leasing in Salem, VA
Many shoppers across Salem, VA can benefit from Acima Leasing and Snap Finance — including you. It's important to pick a lease-to-own company that matches your specific needs, taking into account the stores they partner with, lease-to-own process, and qualification requirements. Is Acma Leasing right for you? Read our customer reviews online and download the app. The spending power you need is a quick application away.