You’re in the market for new furniture, but you don’t want to pay the price tag of high-end furniture stores. Don’t worry; you still have options that won’t break the bank. Many furniture stores accept rent-to-own financing, also known as progressive leasing or lease-to-own. With this approach, instead of paying the full price upfront, you’ll only make monthly payments over a specified period of time until the contract expires and you own the furniture outright.
Advantages of Progressive Leasing
Whether you’re looking to furnish your entire home or just one room, there are benefits to both purchasing and renting furniture. However, if you’re not sure whether it makes more sense to buy or rent, it can be difficult to make a decision. If you’re considering making an investment in some new furnishings for your home, you may be wondering what best furniture stores accept progressive leasing.
Disadvantages to Progressive Leasing
There are a few disadvantages to Progressive Leasing. First, you will most likely end up with a much less expensive product that doesn’t have many of today’s modern conveniences. For example, some Progressive Leasing dealers don’t offer built-in or dishwashers. You also won’t get all of those sweet discounts that come along with ordering your new kitchen appliances in bulk when you opt for Progressive Leasing.
How Does Progressive Leasing Work?
Progressive Leasing is a simple financing option that allows you to rent-to-own furniture or appliances by paying off a percentage of its total cost each month. We believe that everyone should have access to quality furnishings, so our leases are designed to be affordable for just about anyone. Each Progressive Leasing purchase comes with a variety of flexible payment options, which means it’s easy to pick out what you need and still stay within your budget.
Can I get My Own Lending Option Instead?
If you don’t want to pay interest on your loan, consider applying for your own mortgage. You can get a fixed-rate mortgage if you have a steady income, or an adjustable-rate mortgage (ARM) if your income is unstable and/or you need a larger loan amount. Both types of loans will give you access to money without interest charges and may offer an early payoff option as well.
What Furniture Stores Accept Progressive Leasing?
Best Furniture Stores in USA? Best Furniture Stores in Chicago? Best Furniture Stores in LA? Best Furniture Stores in San Francisco? Best Furniture Stores in Seattle? Best Furniture Stores in Washington DC? Best Furniture Stores in Boston? Best Online Only Furniture Store? What Online Only Furniture Store Accepts Progressive Leasing?: Online Only Bedroom Sets. Online Only Living Room Sets. Online Only Dining Room Sets. Online Only Kitchen Sets.
What if I Don’t Want to Sign a Long Term Agreement?
Most furniture leases come with clauses that allow you to return your items after a certain period. If you’re nearing or at your end date and you don’t want to keep your items, simply give notice of termination. It is important that you do not make any alterations to these items during your lease term; if you do, changes will become part of your agreement with Progressive Leasing.
Do I Need Excellent Credit For a Progressive Lease Agreement?
You don’t need to have credit to sign up for a Progressive Lease Agreement. However, you may be asked to provide a cosigner, who does have excellent credit. If you decide that you would like a little extra money in your pocket, but aren’t quite sure about financing (or are too busy to deal with another bill), consider asking someone with good credit if they would like to help you out and become your cosigner.
