What Furniture Stores Use Progressive Finance?
When it comes to purchasing furniture, many people look for flexible payment options that suit their budget and financial needs. One popular option is Progressive Finance, a company that offers a lease-to-own program for customers with less than perfect credit. Several furniture stores partner with Progressive Finance to provide their customers with this convenient payment solution. In this article, we will explore some of the furniture stores that use Progressive Finance and answer some frequently asked questions about the program.
1. Ashley Furniture: One of the largest furniture retailers in the US, Ashley Furniture partners with Progressive Finance to offer customers an affordable way to furnish their homes.
2. Big Lots: Known for its wide range of affordable furniture options, Big Lots also uses Progressive Finance to provide customers with flexible payment plans.
3. Bob’s Discount Furniture: With a focus on providing quality furniture at discounted prices, Bob’s Discount Furniture partners with Progressive Finance to offer customers an easy way to finance their purchases.
4. Mor Furniture for Less: This furniture store chain, with locations primarily on the West Coast, partners with Progressive Finance to help customers bring home their desired furniture without breaking the bank.
5. Value City Furniture: Offering a variety of furniture styles and price ranges, Value City Furniture also uses Progressive Finance to give customers the option to finance their purchases.
6. American Freight Furniture and Mattress: Known for its affordable furniture and mattress options, American Freight partners with Progressive Finance to provide customers with an accessible payment solution.
7. Conn’s HomePlus: This furniture and appliance retailer partners with Progressive Finance to offer customers an alternative financing option to bring home their desired items.
FAQs:
1. How does Progressive Finance work?
Progressive Finance allows customers to lease furniture or other products with an option to own. Customers make regular payments until they own the item.
2. Can I use Progressive Finance with bad credit?
Yes, Progressive Finance specializes in helping customers with less than perfect credit to finance their purchases.
3. Are there any interest or fees?
Yes, Progressive Finance charges interest on the lease agreement. The exact interest rate and fees may vary depending on the store and the customer’s creditworthiness.
4. How long is the lease agreement?
The lease agreement typically ranges from 12 to 18 months, but this can vary depending on the specific terms offered by the retailer.
5. Can I pay off my lease early?
Yes, Progressive Finance allows customers to pay off their lease early without any penalties.
6. Do I need to have a bank account to qualify?
While having a bank account is not a requirement, it may make the application process smoother.
7. Will using Progressive Finance affect my credit score?
Progressive Finance does perform a credit check, which may have a minimal impact on your credit score. However, they specialize in helping customers with poor credit, so the impact is generally minimal.
In conclusion, several furniture stores partner with Progressive Finance to provide customers with a flexible payment option. Whether you have bad credit or simply prefer a lease-to-own program, these stores offer a convenient way to furnish your home without breaking the bank.