What Furniture Stores Accept Progressive Leasing?

what furniture stores accept progressive leasing

If you need a new bed, couch, or home office set but don’t have the cash to purchase your items immediately, progressive leasing is an option that may help. This financing option enables consumers to pay for furniture pieces, appliances, power tools, and even electronics in weekly or monthly installments until they have the total purchase amount saved.

However, not all furniture stores and retailers offer this type of payment plan, so it’s important to do your research before making a final decision. In this article, we’ll explore what stores accept progressive leasing, as well as some of the pros and cons associated with this type of payment method.

Furniture Stores that Accept Progressive Leasing

Many popular electronics and furniture stores offer progressive leasing as a way for customers to finance their purchases. Some examples include Best Buy, Lowe’s, and Ashley HomeStore. These retailers are able to offer this type of financing due to their high customer service standards and extensive selection of products.

In addition to offering a wide variety of electronics, furniture, and home furnishings, these stores also offer a range of additional products. For example, some offer jewelry through Reeds Jewelers, and mattresses through Mattress Firm. If you are interested in purchasing furniture, appliances, or other products through a progressive leasing program, check out the websites of these retailers to see if they have the item you need.

The Advantages of Progressive Leasing

The advantages of progressive leasing are numerous. These benefits include:

No Credit Required

Progressive leasing allows people with no credit history or less-than-perfect scores to access financing options. This can be especially helpful for those who have not had the opportunity to establish credit before needing furniture or other costly goods.

Flexible Payments

Progressive lease payments are often less expensive than interest charges and other financing fees, which can make these options a good choice for individuals who want to save money on their purchases. Furthermore, these payments can contribute to building or improving credit scores, which can open the door to future financial opportunities.

Shorter Lease Term

The length of your lease term will impact the total cost of your purchase. Longer lease terms typically have lower monthly payments, while shorter terms have higher monthly payments. It is important to understand these differences before choosing a specific leasing option.

Return and Renewal Options

When selecting a retailer, be sure to familiarize yourself with the return and renewal policies. Most furniture stores and retailers that offer progressive leasing allow customers to return leased items at the end of the lease term, continue leasing on a month-to-month basis, or make a final payment to own the item outright.

Limitations on Product Selection

While most major furniture and electronics stores offer progressive leasing, not all of them carry the same types of merchandise. This can make it difficult to find a store that offers the furniture you need. In some cases, the only way to purchase a certain piece of furniture is to visit a specialty furniture store that offers progressive leasing.

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