Complete the Lease
After all scheduled lease renewal payments have been made as detailed in your agreement, the merchandise is yours to keep.
Early Purchase Savings
You can choose to purchase your item at any point during the lease at a discount. The sooner you do so, the more you save.
90-Day Purchase Option
Own the items with a low & flexible payment schedule that ranges between 12–24 months, or early purchase at a discount anytime. Customers who use the First Early Purchase Option in the first 90 days of the agreement save on the total cost to own.
Get Approved for Up to $5,000* in Leasable Merchandise
Our application is fast and easy to complete, and won't harm your credit. You could get approved for $300 to $5,000* of shopping power by meeting these basic requirements:
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An active checking account with at least $750 of income per month
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3 months of income history with your current source of income
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Government-issued photo ID and SSN or Taxpayer Identification Number
†"Shop Without Using Credit" means this is not a loan, credit, or financing. It does not mean that no inquiry will be made of credit history. Acima obtains information from consumer reporting agencies in connection with a lease application.
*Approval amount based on cash price Acima will pay to acquire the product(s) for your lease. Ownership through leasing costs more than the cash price.
Acima Leasing FAQ
1. What is Acima Leasing?
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1. What is Acima Leasing?
+ -Acima leasing is an alternative way to shop for the name-brand items you want, at the stores you want, without paying cash or relying on credit. After completing a quick application process, you'll receive an instant decision. If approved, begin a lease agreement that will allow you to get your merchandise right away for a low initial payment, then make rental payments until you obtain ownership.
2. Who owns the merchandise I'm leasing?
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2. Who owns the merchandise I'm leasing?
+ -Acima owns the product until you exercise one of their purchase options. After you sign the lease, Acima purchases the products you selected and leases them to you until you exercise a purchase option or terminate the lease.
3. When can I own my product?
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3. When can I own my product?
+ -If you prefer predictable lease renewal payments and the flexibility of the lease, you can own the merchandise after making all lease renewal payments or exercising an early purchase option. If you're ready sooner, you can purchase early and save on the total cost of the lease. If you wish to stop making renewal payments before obtaining ownership, you can return your merchandise at any time without penalty.
4. How is leasing different from a credit transaction?
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4. How is leasing different from a credit transaction?
+ -In a credit transaction, a financial institution extends funds to you or to another on your behalf, which you can then use for a purchase. If you make a purchase on credit, you borrow the money and then make payments back to the creditor, which include finance charges such as interest.
On the other hand, when you enter into a lease agreement, you agree to lease merchandise from Acima. Acima then purchases the merchandise you select from a participating merchant. Acima does not extend funds to you or on your behalf. You make lease renewal payments to Acima while using the merchandise, and you can use a purchase option to own the property, or terminate the lease at any time, without penalty. There is no interest, but you make lease payments based on the value of the merchandise and the cost of lease services. Acquiring ownership by leasing costs more than the retailer's cash price.
5. What if I want to return a product I leased through Acima?
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5. What if I want to return a product I leased through Acima?
+ -You may terminate the Agreement at any time, without penalty, and stop unaccrued renewal payments by returning the property to Acima and paying any past due renewal payments. Contact Acima at (801) 297-1982 to initiate the return process.
6. Where are Acima's lease-to-own services available?
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6. Where are Acima's lease-to-own services available?
+ -Acima’s lease-to-own program is available in most U.S. states, with the exception of Minnesota, New Jersey, Wisconsin, and Wyoming.
