Empower Your Shopping With Acima Leasing

01/01/2024

Are you looking for an easy way to shop for your home essentials without using credit?* Acima Leasing introduces a lease-to-own solution tailored to your needs, providing shopping power with a lease that offers flexible payment options. Whether it's furniture, appliances, electronics, tires or other household necessities, our lease-to-own solution helps you shop for what you want. Take a look at our Q&A as we navigate the frequently asked questions about how lease-to-own works, offering insights into how Acima Leasing simplifies your shopping journey. Some questions we’ll be addressing are:

  • What Is Lease-to-Own and How Does It Work? 
  • Who Can Benefit from Acima Leasing’s Lease-to-Own Solution? 
  • What Kind of Products Can I Lease with Acima Leasing? 
  • How Simple Is the Application Process with Acima Leasing? 
  • How Do Payments Work with Acima Leasing? 
  • What Makes Acima Leasing Different from Financing? 

In this comprehensive Q&A, we hope you will learn more about how lease-to-own works and discover how we at Acima Leasing prioritize making shopping easy for you.

What Is Lease-to-Own and How Does It Work? 

Lease-to-own is an alternative to financing that allows you to get items quickly and make payments that conveniently work with your payday through a lease agreement. Unlike financing, Acima Leasing provides you the shopping power you are looking for without using credit.*

You can get approved for up to $5,000 by meeting a few basic requirements: 

  • An active checking account with at least $750 of income per month 
  • Three-months of income history with your current source of income 
  • Government-issued photo ID and a Social Security number or taxpayer identification number 

With your lease approval amount, you can shop with over 15,000 retailer locations for the items you want and need. You can shop for products like electronics, furniture, tires, appliances, eyewear and more.

Who Can Benefit from Acima Leasing’s Lease-to-Own Solution? 

If you are looking for payment options while shopping for items that fit your lifestyle needs like tires, furniture and appliances, you can greatly benefit from Acima Leasing's lease-to-own solution. If you’re looking for alternatives to financing, consider using a lease to open opportunities for your shopping needs.

What Kind of Products Can I Lease with Acima Leasing? 

Acima Leasing works with thousands of retailers who offer an extensive range of products that you can use your lease approval amount to get. Essentially, if it's a product you need for your home or personal use, Acima Leasing might have you covered. Products that are available across various retailers are:

  • Furniture 
  • Mattresses 
  • Tires 
  • Appliances (including hoses) 
  • Washers
  • Dryers 
  • Dishwashers
  • Freezers 
  • Electronics 
  • Televisions 
  • Video Game Systems 
  • Audio Speakers 
  • Jewelry 
  • Handbags 
  • Computers, Laptops, Tablets, Smartphones 
  • Camera Equipment 

 Some products however are not leasable using Acima Leasing:

  • Items meant to be permanently attached to a home or vehicle 
  • Services (e.g. below) 
  • Extended warranties 
  •  Installation 
  • Repairs 
  • High-risk items (e.g. below) 
  • Chainsaws 
  • Trampolines 
  • Drones 
  • Firearms, weapons, and ammunition 
  • Clothing and apparel 
  • Consumables 
  • Gift cards 

How Simple Is the Application Process with Acima Leasing? 

The application process with Acima Leasing is straightforward and user-friendly. It's tailored to ensure a quick and hassle-free experience, often taking just minutes to complete. You can apply online, through the mobile app, or at a retailer that works with Acima Leasing. Remember that you’ll need to make sure you have the required information to make the process go quickly.

How Do Payments Work with Acima Leasing? 

The due dates of your lease renewal payments are based on the pay dates you enter on your application. After you make your first lease renewal payment, you are able to change your payment frequency if needed. Additionally, there are early purchase options available if you wish to own the item sooner. You may exercise one of the two early purchase options we offer. The first early purchase option is typically available for the first 90 days of the lease agreement (3 months in California). After the first early purchase option has passed, your second option is an early purchase discount based on your remaining renewal payments.

What Makes Acima Leasing Different from Financing? 

Acima Leasing's lease-to-own solution strives to empower shoppers by providing an option to shop without using credit*. Acima Leasing offers shopping power where, previously, customers faced obstacles created by life's circumstances.

We hope that as you review these most asked questions, you feel empowered to make more informed decisions. Ready to start enjoying the benefits of shopping with a lease? Apply today with Acima Leasing and take advantage of the shopping power available to you!

Common Questions: 

  1. What steps can I take if faced with difficulties making my lease renewal payments with Acima Leasing? 
  2. If you find yourself unable to make lease renewal payments to Acima Leasing, it's essential to get in touch with us at least three business days before your payment is due. Connect with our support team if you have questions. 
  3. What are the consequences of missing my lease renewal payments with Acima Leasing?
  4. If you have specific questions about your application or lease agreement, our customer service team is available to discuss specifics related to your account. Our customer service department can be reached at (801) 297-1982. Hours of operation are listed on our Support page.