Lease to Own can be a great way to get brand new furniture or mattresses without needing a bunch of cash up front.
What is the Difference Between Lease to Own (LTO) and Traditional Credit?
Lease to own typically allows buyers with little to no credit history to make large purchases. This does not mean that the provider will not run a credit check—a credit check is usually part of the provider’s application process.
With lease to own, customers can:
- Start a lease with little money down
- Make scheduled lease payments
- Keep the furniture once all required payments are made
Many lease to own programs also allow the customer to return the leased product before the lease ends (terms vary by provider). Leasing is not a loan or credit.
Traditional credit works differently: buyers typically make a payment up front and then pay off a loan over time. Once the purchase is made, the customer owns the product from day one.
Why Lease with ACIMA?
ACIMA makes it easy for customers to make large purchases. Benefits include:
- Flexible payment dates aligned with your payday
- Early Purchase Options to save money versus paying the full lease
- Ability to cancel anytime without penalty
- Securely manage your account through the ACIMA mobile app
With ACIMA, lease to own furniture and mattresses is simple, convenient, and flexible.
What is a Liability Damage Waiver (LDW)?
Under a lease agreement, customers are responsible for the cost of repairing or replacing damaged or stolen products. For a small fee, the LDW transfers this responsibility to the lease provider for covered events, such as fire, flood, theft, or natural disasters.
Ready to Lease Your Furniture or Mattress?
Start enjoying brand new furniture and mattresses today with a lease to own program.
We provide lease to own furniture and mattresses at both our Lexington furniture store and Lima furniture store, making it easy for customers in the area to get the products they need without a large upfront payment. Our programs offer flexible payment options, early purchase savings, and convenient account management, so you can enjoy brand new furniture today while paying on terms that fit your budget.