Would you like to give your house a new look? Upgrading your furniture is one of those things that you should consider. With the plethora of modern furniture in the market, there are many options that you can consider. However, different models normally come with different prices. For instance, if you choose the high end-models, you might have to dig deeper into your pocket. With the ever increasing cost of living, families are now finding it hard to buy furniture upfront.
The situation becomes worse when one has bad credit. However, the good news is that you can now rent one and own it later after completing the entire payment. This article will outline some of the stores without credit check that allow you to lease / rent furniture with a promise to pay later and other facets around it.
Is Rent To Own Furniture A Good Idea?
Yes, Rent to own furniture is a good idea for a number of reasons. They include:
1. It is cost effective
Sometimes, you might not have all the money to buy your dream furniture. From sofas to the dining table, there are many things you would wish to have in your house. More importantly, if they come with the latest designs, you can even consider taking a loan in order to finance them.
Although loans might seem to be a good option for now, you might end up paying more money in the long run. This is usually the case when you are charged higher interest rates. However, if you rent the furniture, you will save more as you might not be charged a higher interest. Others times, you might not even be charged any interest depending on the store you choose to buy from. Therefore, it is cost effective to rent furniture out there.
2. It is hassle free
It is not secret that some high end furniture might cost an arm and a leg. Finding a large sum of money to purchase the furniture might be stressing. To avert this problem, you should consider renting these furniture and then pay them later. This kind of arrangement has made many people afford to buy high-end furniture out there seamlessly.
3. Ideal during an emergency situation
Sometimes, your furniture can be damaged by fire and you need to buy other as soon as possible. In that state, the last thing you would like to hear is having to looking for additional resources in order to buy your furniture. However, with rent to own furniture, you will be able to lease one for a certain period of time and later own it after completing the entire payment.
4. No credit check
Since your credit will not be checked before you are allowed to lease furniture, you can trust that you will be able to lease all the furniture you need at home. This has actually worked well for those people who have bad credit and are wondering if they will still get the much needed furniture-financing or not. With this kind of arrangement, you will get the furniture you need and start enjoying your rent-to-own item right away without credit check.
5. Allows you to get the furniture that you have always desired
Buying a low quality simply because it comes are a budget friendly price might seem to be a good idea but you might have to spend more in the future. However, if you consider rent-to-own furniture, you will have an opportunity to choose the furniture that you want.
You can go for high end models and be ready to pay more money in terms of monthly installments. The good news is that you will get high quality furniture that will stand the test of time and of course improve the aesthetic appeal of your house.
How Does Rent To Own Furniture Financing Work?
The first thing to do is to choose the furniture that meets your needs from a particular store and then apply for furniture financing. There are a number of items that you might asked such as your government ID,SSN, ITIN and another documents. Also, you should be 18 years of age so that you can be eligible for this financing.
The good news is that the approval decision is almost instant. Once your financing is approved, you can then pick the furniture that you wanted and then start making monthly payments. It is important that you note the amount of money that you will be paying on a monthly basis so that you can avoid future penalties.
If you are able to make regular monthly payments as agreed, you will finally own the furniture after the lease period is over. Better still, if you complete the entire payments early enough, you will be able to own the furniture early enough as well.
List Of Stores That Rent To Own Furniture With No Credit Check
Rent-to-own program is always a good option for those who intend to make a big purchase now but cannot afford to pay everything upfront. The good news is that there are certain stores that allow customers to lease furniture for a certain period of time with a promise of paying installments within this period until when they will complete the entire payment. Regardless of your credit status, you can be sure that you will get the much-needed furniture financing. Here are some store that offer this program:
Jack’s Warehouse
At Jack’s Warehouse, you can trust that you will get the much-needed furniture financing with no credit check. This makes it ideal for those people with bad credit to get the financing they need in order to buy the furniture of their dreams.
Besides not checking your credit status, you can trust that you will not be charged any interest whenever you are paying your regular monthly installments. However, this applies for the first 90 days.
To apply for this financing you need to have a checking account and a proof of 6 months employment. Once you have applied for this financing and you get approved, you can be sure that Jack’s Warehouse will ship your furniture to ant location in the U.S.
Bob’s Discount Furniture
Besides Jack’s Warehouse, you can also buy your furniture from Bob’s Discount furniture on a lease agreement. Here, you can trust that you will be able to choose a monthly payment plan that works optimally for you.
Apart from this, your credit status will not be put into consideration when you will be allocated a loan. This makes it a good option for those people who have had bad credit due to one reason or another. The financing that you will get here will help you build a good credit history in the long run.
If you have bad credit, you can still go ahead and apply online for My Bob’s No Credit Needed Option. However, this can only be used for in-store purchases. You will note that My Bob’s Card is normally issued by Wells Fargo Bank, N.A.
Note that if approved, you will be able to receive revolving credit line so that you can start using immediately. To apply for this financing you need to have some references, verification of residence and evidence that you earn an income. Also, you need to present a valid photo ID.
Rent One
At Rent One, you will be able to find a wide range of items. From furniture to large appliances, there is an array of items to choose from. Since you are interested in furniture, you can still go ahead and apply for furniture financing at this store.
Regardless of your credit status, you can be sure that you will get the financing that you need. However, for you to qualify, you need to present your address, proof of income and a number of references.
When it comes to installment plans, you can choose to be paying on a weekly basis or better still, monthly basis. Also, online payments are accepted here. If you reside in Midwestern states and Pennsylvania, you can consider applying for furniture financing here. Finally, once your application is approved, the furniture will be delivered to you for free. Also, they will help you set it up once it gets to your home.
Baber’s
Besides furniture, Baber’s is home to any other items such as electronics, computer and even appliances. Here, you will be able to get the financing you need to buy your favorite furniture. All you need to present is your proof of income, verified residence and at least 3 references.
If your application is approved, you will need to pay all the necessary installments within 6months. Just like Rent One, online payment is available. If you live in Alabama, Florida or Mississippi, you can go ahead and consider furniture financing from this store as it has branches in these states. Once your application has been approved, you can trust that your furniture of choice will be delivered to you for free and set up for you.
FlexShopper
FlexShopper is another ideal store where you can lease your favorite even when you have bad credit. There are different kinds of furniture here to choose from. Since FlexShopper allows customers to rent furniture regardless of their credit check status, shoppers here can readily apply online and see if they qualify for a FlexShopper lease.
To qualify for this financing you should be 18 years and above. You should also be earning at least $1000 per month. Also, you should love in the U.S. However, you should not reside in New Jersey, Wisconsin, Minnesota or Wyoming. Finally, you must have an active bank account. Ideally, it should be active for at least 90 days.
If you fail to make the necessary installment payments in time, you will be subjected to additional charges inform of penalties.
You have the liberty to pay your installments either weekly, bi-weekly or better still, monthly. It is important to note that you have a 90-day same as cash option. You can also pay off the item early enough and save more on the overall costs. Once your application is approved, your furniture of choice will be shipped to you for free.
Aaron’s
At Aaron’, you will also get the financing you need in order to purchase your favorite furniture. However, for you to be eligible for this financing you must present a proof that you earn an income, proof of residence and at least 3 references. Regardless of your credit status, you can be sure that you will get the financing you need.
It is important that to note that you will enjoy flexible payment options, including a 120 day same as cash option in most stores. However, in California, the 90-day same as cash option is considered. When it comes to installment payment, you can make them online and you will be good to go. Finally, once you application is approved, it will be delivered to you for free.
Ashley Furniture
You can now style your home the way you please, thanks to the furniture found at Ashley Furniture. The good news is that you will get the financing you need in order to acquire your dream furniture, be it living room sets, bedroom sets and many more.
All you need to do is to apply for this financing and you will be good to go. Even if you have bad credit, you can trust that you will get the financing you need in order to lease the furniture of your dreams. With affordable monthly payments plans and no hidden fees, you can be sure that you will save more money in the long run.
If your lease online you will be informed if your application has been approved instantly so that you can have your furniture of choice immediately. Once you have made all the necessary payments, you will keep the furniture forever.
Better still, you can pay out early and save on the total cost of ownership. This has actually worked well for many people put there. Finally, the furniture will be delivered to you free of charge.
Alternatives Options To Get Furniture Financing
Besides store-specific financing, you can get a personal loan to purchase the furniture you want for your home. The following are some of the lenders that can be of great help to you:
MoneyMutual
This lender offers short-term loan up to $2500 to all those people seeking furniture financing. Once your application is approved, you will get funds in your account within a period of 24 hours. The good news is that the process of application is very easy.
Within 5 minutes, you will be done. Since this lender is trusted by more than 2000000 customers, you can trust that this is one of the best lenders that can offer the much-needed furniture financing so that you can furnish your home.
CashUSA.com
Besides MoneyMutual, you can now get a personal loan to buy your furniture from CashUSA.com. Here, loan range from $500 to $10000.Regardless of your credit status, you can trust that you will get the financing you need in order to buy the furniture of your dreams. Since the loan decision takes minutes, you will be able to go home with the furniture almost on the same day.
Once your application has been approved, money will be sent directly to your bank account. The interest charged ranges from 5.99 to 35.99%As long as you clear the payments with 72 months, you will be good to go. Finally, unlike other lenders, you can readily use this money for any purpose you please.
BillsHappen®
Here, you can get quick loans up to $5000 to buy your favorite furniture. The good news is that you will only need to submit one form and you will get multiple options. Whether you have bad credit or not, you can be sure that you will get the much-needed furniture financing.
All you need to present during the loan application process is your bank account and SSN. The interest rates here vary and also the loan term varies as well, depending on the amount that will be approved.
CreditLoan.com
The above-mentioned lender offer short-term loans of $100 to $1000.Regardless of your credit status, you can be sure that you will get some financing that will enable you furnish your house without necessarily straining your budget.
Unlike other lenders, the loan decision is fast. You will be able to get money in your account as soon as the next business day. This seamless is unmatched. However, for you to apply for this financing, you need to ensure that your income is $1000 or more per month.
Also, you have to be employed for at least 90 days by your current employer. As far as the interest rates are concerned, you can expect to be charged an interest rate of 200% to 2290%.
BadCreditLoans.com
This lender has been in operation since 1998.Thise with bad credit have been benefiting from this lender as they can now apply for a loan regardless of their credit status. The lender offers loans between$500 and $5000.
When it comes to the application process, you will take the least time and the loan decision will only take minutes. Once you are approved, you will have money within 24 hours. Thereafter, you will choose the furniture you want and pay for it on the go
FAQs – Frequently Asked Questions
Can you get rent furniture without credit check?
Yes. Even when you have poor credit, you should not feel left out as you can now apply for furniture financing and thereby manage to buy the furniture of your dreams. It is important to note that financing through a furniture store, personal loan or better still a credit card. Thereafter, you will have the confidence to invite visitors in your home as you will have a fully furnished home.
See more : How To Get Personal Loans For Credit Score Under 600
Is it hard to get approved by Ashley Furniture?
Not really. In fact, if you have a credit score of above 650, you can trust that your application will be approved. Synchrony Bank is known for its high approval odds. Here, you can readily apply in-store or online and be approved in less than 60 seconds.
Does rent to own build your credit score?
Most people normally think that rent-to-own loans normally help build credit history. However, the reality of issue sis that such loans are not reported to credit reporting companies. Therefore, your credit score might not be affected in the long run.
See more : The Five Best Credit Card For Damaged Credit To Improve Credit Score
Is rent to own furniture without credit check worth it?
Yes. Assuming that you do not have enough credit and you want to get a good and modern furniture for your home, the next thing would be to apply for furniture financing. Here, you will be renting the furniture for some time with a promise that you pay it in full later long in terms of pocket-friendly installments.
Typically, this is a good option of those people who do not have enough money to pay upfront. In addition, if you have credit score issues, this option might be good for you. Therefore, it is true to say that rent to own is worth it.
Does Ashley Furniture do rent to own without credit check?
Yes. This is actually one of the stores that allow you to lease furniture with a promise of paying for it later, in terms of installments. By doing this, you will be able to avoid making large upfront payments whenever you want to furnish your home.
Final Thoughts
With all these financing options at your disposal, you can be sure that you will be able to furnish your home the way you have always desired. By doing this, you will make your home more appealing and comfortable. From owning a cozy bed to a modern sofa or arm chair, there is a plethora of options you can choose from, once your application is approved.
More importantly, since your credit status is not considered, you can trust that you will get the financing that you need. Consider these rent to own furniture options mentioned above and you will give your home a new look, regardless of your credit check status.