There’s nothing as refreshing as changing your furniture when you feel the need to do so. It gives your apartment a new look and can revitalize your excitement to get home after work. But if your finances are struggling and you face challenges like bad credit or no credit, obtaining new furniture can become a pipe dream. Luckily, there’s a fintech company that’s helping thousands of people buy what they like hassle-free. With Snap Finance, you can rent-to-own furniture by making monthly payments to the store. Let’s look at furniture stores that accept Snap Finance.
What is Snap Finance Payment?
Snap Finance is a fintech company with its headquarters in Salt Lake City, Utah. The company specializes in providing people with financing and lease-to-own buying options. Snap’s lease-to-own agreement is one of the best in the market as it provides 40% of consumers with poor credit a way to own the desired product. It’s near impossible to qualify for a loan when you have a bad or no credit ranking. Snap looks beyond your credit score to give you the best opportunity for successful funding. You can get up to $5000 with no credit or bad credit.
Snap Finance Requirements
Snap Finance aims to help people get what they want when they want it. Their requirements are, therefore, simple and include the following:-
- Must be of legal age to enter into a contract.
- Must have a steady monthly income.
- Have an active checking account.
- Must provide a valid phone number and email address.
You don’t have to worry about making late payments to your furniture as the merchandiser gets affordable payments deducted from your checking account. This lease spreads your purchase over 12 to 18 months of easy payments. The application is simple; you can do it online or on your mobile device and find out if you’re approved within seconds.
Furniture Stores That Use Snap Finance
The furniture stores that accept Snap Finance include:-
1. My Furniture Place
Furniture Place has partnered with Snap to enable their client to buy furniture stress-free. You can get up to $3300 approved whether you have bad credit or no credit. You get to rent-to-own furniture with interest being charged month-to-month. Alternatively, there’s the 100 days option, where you’re charged no interest if you pay it off within 100 days. The requirements you have to meet for this program are:-
- Must have an active checking account (No overdraft fee in the past month).
- Monthly earnings of $1000 a month.
- Pay $39 initial payment.
- An alternative source of income, e.g. social security, retirement, pension, etc. If you don’t have a job.
2. Luna Furniture
Luna furniture allows clients to use Snap finance. You can shop online and directly apply for a Snap lease-to-own financing at check out. You can also apply in-store at any of their shops. Once you apply for a lease-to-own, Snap finance will set up an auto draft for 12 months. Still, you can pay off the lease within 100 days, the same as cash.
3. Aetna Furniture
Aetna furniture requires clients to apply online for Snap financing, get approved first, and then visit Aetna to buy furniture. For Snap furniture application, you have to fulfill the following requirements.
- Must be 18 years or older.
- Must have routing and account checking numbers.
- State ID or DL numbers.
- Monthly/weekly income.
- Employer name & phone no.
4. Furniture Bell
Furniture Bell prides itself as a hub for amazing service, great pricing and beautiful products. This merchandiser has partnered with Snap Finance to offer their clients accessible financing even when their credit is not good. Clients can shop online and directly apply for a Snap lease-to-own financing. Once approved, you can select Snap at the checkout.
Alternatively, clients can apply in-store. You can apply in-person at their store or use your online approval at any of their store locations where Snap is available.
5. Decor Plus Furniture
Decor Plus is another furniture store that’s open to Snap financing. The process is simple as you can apply for financing online and pay for your furniture at the checkout. Once you get an approval from Snap financing, you receive a virtual card on your phone that you can use to pay for the furniture.
6. Ornate Home Furniture
Ornate Home offers clients a variety of items to furnish their spaces, from cozy seats for comfort seekers to love seats, and other varieties of bedroom, dining room, and living room furniture. Clients interested in buying from Ornate Home but are bankrupt, have bad credit, or no credit have a chance to smile as they can use Snap Financing. You have to complete your Snap Finance online application, and you’re good to go.
7. CB Furniture
CB Furniture is a furniture retailer that gives clients various payment options, including Snap finance. You can get approved for up to $5000 from Snap Finance. Once approved, you can visit CB Furniture to purchase what you need.
8. Today’s Home Furniture
Today’s home furniture offers a variety of furnishings, from the bedroom to living room furnishings. You can shop at any of their stores across the globe with Snap Finance. Clients are required to apply for the lease online. Once approved, go to the store and shop. You can spread the cost of the furniture within weeks or up to 18 months. You can also get the 100-day option for the furniture.
Other Furniture Stores that Accept Snap Finance
There are other stores that accept Snap Finance, they include:
- Welch’s Furniture
- Sam Levitz Furniture
- Walker Furniture
- Zoe’s Furniture
- Home Living Furniture
Snap Finance’s lease-to-own program is a great way to get your desired furniture. You can get as much as $3000 approved even if you have no credit or bad credit. You can pay monthly or weekly, depending on your agreement with the store. All the stores have the 100 option, where you pay your lease within 100 days at no interest. Alternatively, you can pay for the furniture monthly for up to 12 months and, in some cases, 18 months or more. The second option comes with interest rates, meaning you’ll pay more for the item than in cash.
Snap Finance is fast and flexible, unlike traditional loans. There’s no credit check and no charges upon application which makes it the best option for purchasing your desired furniture. Once you stop making payments, you’ll incur interest ranging from 18-38%, based on the contract. If you haven’t seen your favorite furniture store in our list, you can use the Snap Finance Store locator to find out if they’ve partnered with your preferred store. Feel free to share the store’s name in our comments section.
With over 3 years of financial experience, Hannah Edwards is the senior writer for All Finance Deals. She recommends research-based financial information about Transfer Money, Gift Cards and Banking. Hannah also completed graduation in Accounting from Harvard University.