Rent-To-Own FAQs
Here are some of the frequently asked questions about the rent-to-own option:
Q: What Does Rent-To-Own/Lease-To-Own Mean?
A: Rent-to-own, also known as a lease-to-own agreement, allows you to access products without making the full payment up-front. It’s a viable option for people with bad credit as it can help them access quality products they need despite their bad credit history.
Q: What Credit Score Qualifies for Rent-To-Own?
A: Unlike other traditional payment solutions, a rent-to-own plan can be an accessible payment option even with bad credit. With American First Finance, you can get approval even without a credit score; however, your credit history will be checked. Bad credit doesn’t necessarily disqualify you from receiving approval.
Q: How Can I Apply for Rent-To-Own Options?
A: You can apply for rent-to-own products right here on our website. Even though not everyone will be approved, having bad credit does not automatically mean you will be denied. Your credit will be checked, but having no credit score or a low credit score does not necessarily disqualify you
To begin, choose a store that is convenient for you* and apply directly online within minutes.
*Please Note: Payment solutions vary based on the merchant and will be indicated at the beginning of the application process. Be sure to confirm that the merchant you select offers the lease, loan, or alternative payment solution you intend to apply for.
Q: Is Rent-To-Own a Good Idea?
A: Rent-to-own can be an option for consumers looking to obtain the products they desire without having to make a full, up-front payment. However, ultimately you are the best judge of what financial decisions are for your life. It’s important to consider the overall expense that a rent-to-own or other payment solution will incur, so you have a clear understanding of the cost and whether you can comfortably manage repayment.
Q: Where Can I Shop for Rent-To-Own Products?
A: American First Finance has thousands of partner stores across the U.S. for our customers to choose from. To get started, use our Merchant Search tool to find the store near you and apply for a flexible payment solution online and get an answer in as soon as minutes.
