Understanding Lease-to-Own Agreements with Acima Leasing: Your Comprehensive Guide

At Acima Leasing, we're dedicated to simplifying your shopping experience, offering a seamless and empowering alternative to financing. Whether you're averse to financing or seeking flexibility, our lease-to-own solution caters to your needs. In this article, let's look into how you can utilize lease-to-own options with Acima Leasing to get the items you want, like furniture, tires, wheels, appliances, electronics, jewelry and more. 

Step-by-Step Guide to Applying for a Lease with Acima Leasing  

Applying for a lease with Acima Leasing is straightforward and can be done in-store, online, or through our mobile app. The process takes just minutes, and you’ll need the following:  

1. An active checking account with at least $750 of monthly income. 

2. Three months of income history from your current job. 

3. A government-issued photo ID and either a Social Security number or a taxpayer identification number.  

Having these documents ready will ensure a smooth and quick application process.  

Acima Leasing Application Approval: What to Expect 

Once your application is submitted, our team queues it up for a quick review. Missing or incorrect documentation or incomplete applications can delay an approval decision or lead to a denial, so double-check everything before submission. If your application is approved, you’ll have 60 days to accept your lease agreement offer. You can review and sign your lease agreement through our mobile app or your online account. If you prefer to complete the process in person you can visit one of thousands of retailers who offer Acima Leasing services and request a printed copy from the store. 

Acima Leasing: Where and What You Can Lease  

With Acima Leasing, you have the flexibility to lease from any participating retailer. Whether you prefer shopping in-store or online, we’ve got you covered. The options that you can lease include a wide range of products for personal, family, or household use, such as:  

• Furniture: Various indoor and outdoor furniture including sofas, beds, dining tables and patio furniture
• Mattresses: Various sizes including king, queen, double and twin 
• Appliances: Including washers, dryers, refrigerators, A/C units and freezers 
• Electronics: TVs, gaming systems and laptops 
• Auto Wheels and Tires 
• Mobile Electronics and Power Tools 
• Jewelry, Eyewear and Handbags  

Items which are eligible for lease must be durable, cost at least $300, and be returnable. Certain items, such as those permanently attached to a home or vehicle, services, high-risk items, firearms, clothing, consumables, and gift cards, are not eligible for lease. 

How to Make Lease Renewal Payments: Accepted Methods for Acima Leasing’s Lease Renewal Payments 

Acima Leasing’s lease renewal payments are designed to align conveniently with your payday. After approval, your online account will support you in tracking your lease renewal payment schedule, ensuring a seamless journey toward ownership.  

We aim to make the lease renewal payment experience as convenient as possible. Here are some ways you can make your lease renewal payments.  

• Automatic processing through ACH from your bank account.  
• Credit or debit cards, or most prepaid cards, with options for automatic payments. We accept Mastercard, Visa, and Discover through our mobile app, online account, or over the phone by calling customer service.

Maintaining Leased Items: Acima Leasing’s' Policies and Consumer Responsibilities  

If the leased merchandise arrives damaged or defective, contact our customer service immediately. We will work with you to resolve the issue and find the best solution based on the circumstances. Also, taking good care of leased items is essential. If you choose to return your product for any reason, it will need to be in good condition to avoid additional charges.  

Lease Renewal Payment Options: Customizing Your Lease Agreement with Acima Leasing  

We offer flexible lease renewal payment options, including early purchase options. You are not automatically enrolled in these options and participation is not required, but you can choose them at any time after the lease agreement has begun. The first option is available within the initial 90 days of the lease agreement (3 months in California), allowing for earlier ownership. After this window, another early purchase option provides a discount based on your remaining lease renewal payments. To exercise these options, simply call or chat with our customer service department.  

Your Quick Guide Wrap-Up: Highlights of Acima Lease-to-Own Options  

With all that's been covered, here's a brief rundown of the key points we've explored:  

• How to apply for a lease with Acima Leasing 
• What to expect within the lease application process 
• If approved, where and what you can lease with your lease approval amount 
• How you can make lease renewal payments toward your lease 
• How we handle the care of your products and who you can contact about issues 
• Your choices for various early purchase options 

 We hope this guide helps you make informed decisions and explore lease-to-own with Acima Leasing with confidence. At Acima Leasing, we are dedicated to providing you with shopping power and support throughout your leasing journey.