What items do not qualify for Progressive Leasing?
Is everyone approved for progressive leasing
We do check credit bureau reports; however, we look at many other data points to make a final decision, and we regularly approve customers with less than perfect credit or very little credit history. Progressive Leasing obtains information from credit bureaus. Not all applicants are approved.
How easy is it to get approved for Progressive Leasing
Approval is based on many factors and Progressive Leasing obtains information from credit reporting agencies. Not all applicants are approved. Quick and easy application. The application process takes just a few minutes and can be completed online or at a participating store.
Does progressive leasing mess with your credit
Progressive Leasing does a soft credit check, i.e., it does not affect the credit score.
Is progressive leasing only for furniture
Leasing applies to select furniture and patio purchases only. Click here to review the Progressive Privacy Policy.
How many times can you use progressive leasing
You can also have up to two open lease-to-own agreements at a time. To learn more, click here.
How much do you pay upfront on Progressive Leasing
You will pay the full retail price of the item. In some cases your initial payment will be in addition to this amount. You will pay the full retail price of the item, plus a discounted cost of leasing. The discount applied is based on when you choose to pay your lease.
Does Progressive Leasing look at your bank account
Our decisioning process allows us to consider everyone with less-than-perfect credit and we regularly approve those with imperfect credit or very little credit history. Your bank information may be used in this evaluation, as well as other data points including income and banking history.
Can you have 2 leases with Progressive Leasing
Yes! Progressive Leasing may allow you to have more than one active lease-to-own agreement at a time. Each lease-to-own agreement will require a new lease-to-own application approval and initial payment.
Can you get denied for progressive leasing
Denied: If your application is initially denied, you may have the option to overturn your denial. If you are interested in the possibility of overturning your denial, please first check your email.
Can you buy a mattress with Progressive Leasing
Shop at your favorite stores with Progressive Leasing
With thousands of retail locations nationwide, you can enjoy convenient, flexible lease-to-own purchase options on items such as furniture, electronics, jewelry, tires & wheels, mobile devices, appliances, mattresses and more…
What items can be leased
Here are just some of the types of equipment that you can acquire with flexible, simple, lease-financing alternatives.Manufacturing and Production Equipment.Construction Equipment (cranes, tractors, forklifts, machine tools)Energy Equipment, HVAC, and Lighting.Heavy Machinery.
Can I have two leases on Progressive
Yes! Progressive Leasing may allow you to have more than one active lease-to-own agreement at a time. Each lease-to-own agreement will require a new lease-to-own application approval and initial payment.
What happens after 90 days Progressive Leasing
What if I can't pay off in 90 days If you can't pay the total lease balance off in 90 days, you may simply continue to make your scheduled lease payments until the end of your term. You may also pay the full balance of your lease off early at any time to save.
How much is the initial payment for Progressive Leasing
Initial Payment Amount & 90-Day Purchase Option
The initial payment is $49. * All remaining lease payments will be determined by the cash price of the leased item and the frequency of payments.
How many leases can you have with Progressive Leasing at one time
You can also have up to two open lease-to-own agreements at a time. To learn more, click here.
Why would I get denied for a car lease
Car leasing companies and other lenders will assess your credit score to gauge the level of risk and set lease terms accordingly. If you're deemed a high-risk borrower, the terms of the deal will be less favorable or your application may be denied completely.
Can you buy phones with Progressive Leasing
Shop at your favorite stores with Progressive Leasing
With thousands of retail locations nationwide, you can enjoy convenient, flexible lease-to-own purchase options on items such as furniture, electronics, jewelry, tires & wheels, mobile devices, appliances, mattresses and more…
Can you buy multiple items with Progressive Leasing
Make the most of your approval when shopping with Progressive Leasing! Did you know that you can lease-to-own more than one item at a time Once you're approved, you can select multiple leaseable items up to the retail price amount of your approval.
What items are negotiable when leasing a car
Gross capitalized cost: The gross capitalized cost is the vehicle's value at the start of the lease, plus fees. You can negotiate this value to get a better deal and lower monthly payments. Mileage allowance: You can often negotiate to increase or decrease the mileage allowance depending on your needs.
What are 5 things that should be included in a lease
Most of them contain at least the following provisions:Description.Landlord's and tenant's names.Property description.Tenancy term.Every occupant's name.Monthly rent.Security deposit.Subleases or assignments.