Companies Like Progressive Leasing: Lease To Own


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Are you in need of a new appliance, furniture, or electronics but don’t have the cash upfront to pay for it? No worries, there are companies like Progressive Leasing that offer lease-to-own solutions.

These types of companies allow you to take home the item you need and pay for it in installments over time.

While Progressive Leasing is a popular option, there are other companies out there that offer similar services.

For example, Kafene, Snap Finance, Affirm, JIC Leasing, Alj United Finance, Balboa Capital, American Honda Finance Corporation, and CardWorks, Inc. are all competitors in the lease-to-own market.

Each company has its own unique offerings, terms, and conditions, so it’s important to research and compare before deciding which one is right for you.

When comparing these companies to Progressive Leasing, there are similarities and differences to consider. Some similarities include flexible payment options, no credit needed, and the ability to take home the item you need without paying for it upfront.

Differences may include interest rates, fees, and the types of items available for lease. It’s important to weigh these factors when deciding which company to go with.

Key Takeaways

  • There are several lease-to-own companies that offer similar services to Progressive Leasing.
  • When comparing these companies, it’s important to research and compare their terms and conditions.
  • While there may be similarities between these companies and Progressive Leasing, there may also be differences such as interest rates and fees.

Kafene

If you are looking for a lease-to-own option for your next purchase, Kafene may be a great alternative to Progressive Leasing.

Kafene is a digital financing platform that offers lease-to-own options for a variety of products, including furniture, electronics, and appliances. Here are some key features of Kafene:

  • Easy Approval Process: Kafene has a quick and easy approval process, and you can apply for financing directly through their mobile app or website. They do not require a credit check, and you can get approved even if you have bad credit or no credit history.
  • Flexible Payment Options: Kafene offers flexible payment options, and you can choose from weekly, bi-weekly, or monthly payments. They also offer a variety of payment methods, including debit card, credit card, bank account, Venmo, and PayPal.
  • Affordable Payment Plans: Kafene offers affordable payment plans with transparent pricing and no hidden fees. They also offer a cash price option if you prefer to pay upfront.
  • Wide Range of Products: Kafene offers a wide range of products, including furniture, electronics, appliances, and tires. They work with a variety of retailers, so you can choose from a large selection of merchandise.
  • Delivery Options: Kafene offers delivery options for your purchases, and you can choose from in-store pickup or home delivery.
  • Customer Service: Kafene has a dedicated customer service team that is available to help you with any questions or concerns.

Here are some similarities and differences between Kafene and Progressive Leasing:

KafeneProgressive Leasing
Approval ProcessEasy and quickEasy and quick
Payment OptionsFlexible and affordableFlexible and affordable
ProductsFurniture, electronics, appliances, tiresElectronics, appliances, furniture
Delivery OptionsIn-store pickup, home deliveryIn-store pickup, home delivery
Customer ServiceDedicated customer service teamDedicated customer service team

Overall, Kafene is a great alternative to Progressive Leasing if you are looking for a lease-to-own option for your next purchase. They offer a wide range of products, flexible payment options, and affordable payment plans with no hidden fees.

With their easy approval process and dedicated customer service team, Kafene makes it easy to get the products you need with a payment plan that works for you. Also see: Companies Like Acima

Snap Finance

If you’re looking for an alternative to Progressive Leasing, Snap Finance is a great option to consider. Like Progressive Leasing, Snap Finance offers lease-to-own financing solutions for customers and businesses.

With Snap Finance, you can finance purchases up to $5,000, and the application process is quick and easy.

One of the benefits of Snap Finance is that they don’t require a credit score to apply. Instead, they look at your income and banking history to determine your eligibility.

This means that even if you have a low credit score or no credit history at all, you may still be able to get approved for financing.

Snap Finance also offers a mobile app that makes it easy to manage your account and make payments on the go. You can use the app to check your balance, make payments, and even apply for additional financing if you need it.

Here are some similarities and differences between Snap Finance and Progressive Leasing:

Similarities:

  • Both offer lease-to-own financing solutions.
  • Both have a similar application process.
  • Both offer financing for furniture, appliances, electronics, and more.
  • Both have a network of partner stores where you can use your financing.

Differences:

  • Snap Finance offers financing up to $5,000, while Progressive Leasing offers up to $3,000.
  • Snap Finance doesn’t require a credit score to apply, while Progressive Leasing does.
  • Snap Finance offers a mobile app for managing your account, while Progressive Leasing does not.
  • Snap Finance looks at your income and banking history to determine eligibility, while Progressive Leasing looks at your credit history.
  • Snap Finance has a lower interest rate than Progressive Leasing.

Overall, Snap Finance is a great option to consider if you’re looking for lease-to-own financing solutions.

With a quick and easy application process, no credit score requirement, and a mobile app for managing your account, Snap Finance is a convenient and accessible option for financing your purchases.

Affirm

If you’re looking for a payment plan similar to Progressive Leasing, Affirm is another company that offers financing options for customers. Affirm is a third-party lender that provides loans for purchases made at participating retailers.

To use Affirm, you’ll need to create an account and provide some basic information, such as your name, address, and date of birth.

Affirm will also ask for your income and credit score to determine your eligibility for a loan. You can link your bank account, debit card, or credit card to make payments on your loan.

One of the key differences between Affirm and Progressive Leasing is that Affirm offers traditional loans with interest rates, while Progressive Leasing offers lease-to-own options.

Affirm’s interest rates can vary depending on the loan amount, loan term, and your credit history. Affirm’s interest rates can range from 0% to 30%, so it’s important to read the terms and conditions carefully before agreeing to a loan.

Similar to Progressive Leasing, Affirm offers easy payment options and a mobile app for managing your account.

Affirm also partners with a variety of retailers, including furniture stores, electronics retailers, and tire shops. Some of Affirm’s partners include Walmart, Peloton, and Expedia.

Here are some similarities and differences between Affirm and Progressive Leasing:

Similarities:

  • Both offer payment solutions for customers who may not have the cash upfront to make a purchase.
  • Both offer easy payment options and a mobile app for managing your account.
  • Both partner with a variety of retailers, including furniture stores, electronics retailers, and tire shops.

Differences:

  • Affirm offers traditional loans with interest rates, while Progressive Leasing offers lease-to-own options.
  • Affirm requires a credit check and income verification, while Progressive Leasing does not require a credit check.
  • Affirm’s interest rates can range from 0% to 30%, while Progressive Leasing charges a fixed lease fee.

FAQs:

Q: How do I apply for an Affirm loan? A: To apply for an Affirm loan, you’ll need to create an account and provide some basic information, such as your name, address, and date of birth. Affirm will also ask for your income and credit score to determine your eligibility for a loan.

Q: What retailers accept Affirm? A: Affirm partners with a variety of retailers, including Walmart, Peloton, and Expedia. You can check Affirm’s website for a full list of participating retailers.

Q: How does Affirm calculate interest rates? A: Affirm’s interest rates can vary depending on the loan amount, loan term, and your credit history. Affirm’s interest rates can range from 0% to 30%.

JIC Leasing

If you are looking for a lease-to-own payment plan similar to Progressive Leasing, JIC Leasing might be a good option for you. JIC Leasing provides payment solutions for various products, including furniture, appliances, electronics, tires, and more.

The company offers easy payment options, and the underwriting process considers income, credit score, debit card, credit card, credit history, and bank account.

Like Progressive Leasing, JIC Leasing allows customers to use a mobile app to make payments and manage their accounts. The company also offers delivery for merchandise, and customers can choose a payment plan that suits their budget.

JIC Leasing offers a cash price for customers who prefer to pay upfront, and the approval process is quick and easy.

However, there are some differences between JIC Leasing and Progressive Leasing. For example, JIC Leasing does not require a service plan through a specific carrier, and customers can choose their own carrier.

Also, JIC Leasing does not disclose the interest rate or the loan amount upfront, and customers need to contact the company to get more information.

Here are some similarities and differences between Progressive Leasing and JIC Leasing:

SimilaritiesDifferences
Lease-to-own payment planInterest rate and loan amount not disclosed upfront
Easy payment optionsNo specific carrier required
Mobile app for payments and account managementApproval process quick and easy
Delivery for merchandise
Underwriting process considers income and credit score

FAQs

How do I apply for JIC Leasing?

You can apply for JIC Leasing by visiting their website and filling out the application form. The company will review your application and let you know if you are approved.

What products can I lease with JIC Leasing?

You can lease a variety of products with JIC Leasing, including furniture, appliances, electronics, tires, and more. Contact the company for more information.

How do I make payments with JIC Leasing?

You can make payments with JIC Leasing through their mobile app or by visiting their website. The company offers easy payment options, and you can choose a payment plan that suits your budget.

What is the approval process like with JIC Leasing?

The approval process with JIC Leasing is quick and easy. The company considers your income, credit score, debit card, credit card, credit history, and bank account when reviewing your application.

What are the payment options with JIC Leasing?

JIC Leasing offers easy payment options, and you can choose a payment plan that suits your budget. The company also offers a cash price for customers who prefer to pay upfront.

Alj United Finance

If you’re looking for an alternative to Progressive Leasing, Alj United Finance is an option worth considering.

This company offers financial leasing services, allowing customers to lease-to-own various products, including furniture, appliances, electronics, and tires. Here’s what you need to know about Alj United Finance:

Similarities to Progressive Leasing

  • Alj United Finance offers lease-to-own options for a variety of products, just like Progressive Leasing.
  • Both companies provide easy payment options, allowing customers to pay in-store, online, or via mobile app.
  • Alj United Finance and Progressive Leasing both cater to customers with lower income or credit scores, making it easier for them to purchase items they need.
  • Both companies have approval processes that are quick and easy, so customers can get the products they need without a long wait.

Differences from Progressive Leasing

  • Alj United Finance is based in Saudi Arabia, whereas Progressive Leasing is based in the United States.
  • Alj United Finance requires a down payment for their lease-to-own options, whereas Progressive Leasing does not.
  • Alj United Finance offers financing for vehicles, in addition to the standard merchandise offered by Progressive Leasing.
  • While Progressive Leasing partners with various retailers to offer their lease-to-own options, Alj United Finance has their own stores where customers can shop and lease items.

How Alj United Finance Works

To start the process with Alj United Finance, customers must first apply for financing. This involves providing information about their income, credit score, credit history, and bank account.

Once approved, customers can choose the products they want to lease and make a down payment. They then make monthly payments until the item is paid off, at which point they own it.

Alj United Finance offers various payment solutions, including in-store, online, via mobile app, and through debit or credit cards. They also have easy payment options, allowing customers to adjust their payment plan to fit their monthly income.

If you have any questions about Alj United Finance, their website has a FAQ section that covers topics such as approval, purchase options, cash price, and QR code payments. They also have a customer service team available to help with any issues or concerns.

Overall, Alj United Finance is a viable alternative to Progressive Leasing for those who need lease-to-own options for a variety of products.

While there are some differences between the two companies, they both offer similar benefits to customers looking for easy payment options and financing solutions.

Balboa Capital

If you’re looking for a leasing company that offers a variety of financing options, Balboa Capital might be a good choice for you.

Balboa Capital provides leasing and financing options for small businesses, including equipment financing, vendor financing, franchise financing, and commercial financing.

Similar to Progressive Leasing, Balboa Capital offers lease-to-own options for customers looking to purchase furniture, appliances, electronics, and tires.

Balboa Capital also accepts borrowers with fair credit and provides fast funding with a simple application process.

However, Balboa Capital differs from Progressive Leasing in a few ways. Balboa Capital offers a mobile app for customers to manage their accounts and make payments, while Progressive Leasing does not.

Balboa Capital also provides financing for small businesses, while Progressive Leasing focuses solely on lease-to-own options for consumers.

Balboa Capital does not provide pricing information on their website, which can be a drawback for customers looking to compare rates.

Additionally, Balboa Capital’s approval process may require a higher income and credit score compared to Progressive Leasing’s approval process.

Overall, Balboa Capital is a good option for small businesses looking for financing options and customers looking for lease-to-own options for furniture, appliances, electronics, and tires.

However, it may not be the best choice for customers with lower income or credit scores.

American Honda Finance Corporation

If you are looking for an alternative to Progressive Leasing, American Honda Finance Corporation can be a good option for you. This company, also known as Honda or Acura Financial Services, provides financing and lease options for Honda and Acura vehicles.

One of the benefits of financing or leasing with American Honda Finance Corporation is that you can manage your account online, at your convenience. You can also secure pre-approval, which is the first step toward purchasing or leasing a new Honda.

When it comes to leasing vs. financing, American Honda Finance Corporation offers both options. You can explore the benefits of each and choose the best option for your budget and lifestyle.

Similarities to Progressive Leasing:

  • Offers lease-to-own options
  • Provides financing options
  • Allows online account management
  • Offers pre-approval process

Differences from Progressive Leasing:

  • Only offers financing and leasing for Honda and Acura vehicles
  • Does not offer lease-to-own options for furniture, appliances, electronics, etc.
  • Does not require a debit or credit card for payments
  • Does not consider credit history alone for approval

If you are interested in financing or leasing a Honda or Acura vehicle, American Honda Finance Corporation can be a good option for you.

However, if you are looking for lease-to-own options for furniture, appliances, or electronics, you may need to consider other companies like Progressive Leasing.

For more information about American Honda Finance Corporation, you can visit their website or contact their customer service. Also see: Companies Like Divvy Homes

CardWorks, Inc.

If you’re looking for a company that provides end-to-end operational servicing and support functions for credit card and installment loan products, then CardWorks, Inc. may be a good option for you.

Founded in 1987, CardWorks is a New York-based financial institution that offers credit cards and installment loans for individuals and businesses.

Similarities to Progressive Leasing:

  • Both companies provide financial services to individuals and businesses.
  • Both companies offer installment loans.

Differences from Progressive Leasing:

  • Progressive Leasing specializes in lease-to-own options for furniture, electronics, and appliances, while CardWorks focuses on credit cards and installment loans.
  • Progressive Leasing is headquartered in Utah, while CardWorks is based in New York.

CardWorks is a diversified consumer finance service provider and the parent company of CardWorks Servicing, LLC, Merrick Bank Corporation, and Carson Smithfield, LLC.

Merrick Bank Corporation was founded in 1997 and specializes in assisting people looking to build or rebuild their credit. It now serves nearly 3 million cardholders across the United States.

Overall, if you’re looking for a company that provides credit cards and installment loans, CardWorks, Inc. may be worth considering.