NO CREDIT NEEDED 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.

NO CREDIT NEEDED

This company runs a SOFT credit check. 

Please see definitions below.  

Acima reports all payments once a month to Experian, which is one of the main Credit Bureaus, for all payment history.

There is an initial $50 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. 

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.

NO CREDIT NEEDED

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. You’re also welcome to take advantage of their 90 day purchase option.

• The advertised service is lease-to-own or a rental- or lease- purchase agreement provided by Prog Leasing, LLC, or its affiliates. Acquiring ownership by leasing costs more than the retailer’s cash price. Leasing available on select items at participating locations only. Not available in MN, NJ, VT, WI, WY.

• 90-Day Purchase Options: Standard agreement offers 12 months to ownership. 90-day purchase options cost more than the retailer’s cash price (except 3-month option in CA). To 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.

After 90 days, you can take advantage of the early purchase option to pay less than the full 12 month cost of leasing.

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.