PURCHASE OPTIONS
ACIMA LEASING
The requirements for Acima Leasing are that you are at least 18 years old, make at least $1000.oo per Month in income and that you have a valid bank account that has been open and in good standing for at least 90 days.
This company runs a SOFT credit check.
Please see definitions below.
There is an initial $25 plus tax initial payment due up front and payments are weekly, bi-weekly or monthly over 12 months. You also have the option to purchase within 90 days for a small fee.
– Approval amounts range up to $5,000 –
It is completely free to apply.
SNAP FINANCE
The requirements for Snap Finance are that you are at least 18 years old, make at least $1000.oo per Month in income and that you have a valid bank account that has been open and in good standing for at least 90 days.
This company runs a SOFT credit check.
Please see definitions below.
There is an initial $39.99 plus tax initial payment due up front and payments are weekly, bi-weekly or monthly over 12 months. You also have the option to purchase within 100 days for a small fee.
– Approval amounts range up to $5,000 –
It is completely free to apply.
PROGRESSIVE LEASING
The requirements for Progressive Leasing are to be at least 18 years old, have a valid Social Security Number or ITIN, have routing and account numbers for an open and valid bank account, have a debit or credit card and a valid photo ID.
There is an initial $49 plus tax initial payment that is due up front. Payments are made either weekly, bi-weekly or monthly over 12 months. There is also a 90 day option.
• Ownership by rental/lease agreement with Progressive Leasing costs more than the retailer’s cash price. Select items only. Cancel or purchase early at any time.
Not available in MN, NJ, VT, WI, WY.
• “90-Day Purchase Option”: Standard agreement offers 12 months-to-ownership. 90-day purchase option costs more than the retailer’s cash price (except 3-month option in CA). To cancel lease or purchase early, call 877-898-1970.
• No Credit Needed: Progressive Leasing obtains information from credit bureaus. Not all applicants are approved.
• Initial Payment Amount: The initial payment (plus tax) is charged at lease signing. Remaining lease payments determined upon item selection.
• “Early Purchase Options”: Standard agreement offers 12 months-to-ownership. Early purchase options cost more than the retailer’s cash price (except 3-month option in CA).
To cancel lease or purchase early, call
877-898-1970.
It is completely free to apply.
SOFT CREDIT CHECK VS. HARD CREDIT CHECK
A soft inquiry is when a person or company checks your credit report as a background check, just like when you check your own credit score, get pre-approved for a credit card or a mortgage lender pre-approves you for a loan.
Soft inquiries do not affect your FICO score in any way!
Hard inquiries occur when a financial institution, such as a lender or credit card issuer, checks your credit when making a lending decision. Think of when you apply for a mortgage, loan or credit card. You usually have to authorize them.
Hard inquiries impact your FICO score & stay on your credit report for 2 years.