No-credit-check mattress financing is more readily available than you may think. There are several well-known mattress and furniture stores that offer it.
Below, we’ll cover what you need to know about this type of financing, where to go, and alternatives to consider.
What to Know About No-Credit-Check Mattress Financing
The first thing to know about no-credit-check mattress financing is that most mattress stores don’t finance these purchases directly. Instead, they provide payment options through third-party financing company partners that specialize in helping merchants serve customers with no credit or poor credit.
The most commonly used third-party financing companies include:
- Progressive Leasing
- Snap! Finance
Thousands of retailers and online merchants, including mattress and furniture stores, use these companies to offer financing to customers who are unable to qualify for traditional financing.
Generally, third-party financing companies provide lease-to-own programs, rather than loans. This means they don’t charge interest like traditional financing. Instead, your monthly payments are calculated on a total lease amount (the purchase price plus leasing fees) divided by the number of payments.
Most lease-to-own financing programs also include discounted early buyout options that allow you to pay less overall. In some cases, you may be required to pay a processing fee upfront when you apply for financing, usually around $40 to $60. This amount is in addition to the total lease amount.
While interest doesn’t accrue on lease-to-own financing, the leasing fees do make the purchase more expensive than buying the item outright would be. Before accepting financing, you’ll want to check whether there are any delivery fees, fees for damage that may occur during the lease period, lease reinstatement fees, or late payment fees. You may also want to consider saving up for a mattress rather than paying the additional fees associated with a lease-to-own program.
How to Qualify
Traditional financing requires a credit check and a certain level of credit to qualify. Third-party financing with lease-to-own payments doesn’t require a credit check. Most programs have similar requirements for approval — which typically include minimum age and income requirements, a valid ID, and an active funding source such as a checking account, debit card, or credit card. Approval is typically instant, and the majority of shoppers who meet these requirements are usually approved.
Progressive Leasing
Note: Progressive Leasing is not available in Minnesota, New Jersey, Vermont, Wisconsin, or Wyoming.
- Age requirement: 18 or older[1]
- Income requirement: No specified requirement, though income is taken into account regarding approval[1]
- Identification: Social Security number or ITIN[1]
- Funding source needed: Active checking account[1]
- Other requirements: Valid debit or credit card[1]
Snap! Finance
- Age requirement: Old enough to enter binding contract; varies by state[2]
- Income requirement: Minimum of $750 per month[2]
- Identification: Drivers license[3]
- Funding source needed: Active checking account[2]
- Other requirements: None[4]
Stores With No-Credit-Check Mattress Financing
The following mattress and furniture stores provide no-credit-check mattress financing programs with easy approval and easy payment options.
We’ve ordered the list starting with the best overall options:
1. Mattress Firm
- Locations: Nationwide
- Financing program used: Progressive Leasing[5]
- Processing fee: None[5][1]
- Down payment: First lease payment due at purchase[1]
- Payments due: Based on how often you get paid. Choose weekly, bi-weekly, semi-monthly, or monthly payments.[6][7]
- Maximum lease term: 12 months[5]
- Find out more or apply
2. Shop Factory Direct
- Locations: Online only
- Financing program used: Progressive Leasing[8]
- Processing fee: None[8]
- Down payment: First lease payment due at purchase[8]
- Payments due: Weekly, bi-weekly, or monthly payments.[6]
- Maximum lease term: 12 months[8]
- Find out more or apply
3. Big Lots
- Locations: All states except Alaska and Hawaii
- Financing program: Progressive Leasing[9]
- Processing fee: None[9]
- Down payment: First lease payment due at purchase (minimum of $49)[9]
- Payments due: Based on the payday schedule you provide on the application.[9]
- Maximum lease term: 12 months[9]
- Find out more or apply
4. Conn’s Home Plus
- Locations: Mostly in the southern U.S.
- Financing program: Progressive Leasing[10][11]
- Processing fee: None[1][7]
- Down payment: First lease payment due at purchase[1][7]
- Payments due: Based on how often you get paid. Choose weekly, bi-weekly, semi-monthly, or monthly payments.[6][7]
- Maximum lease term: 12 months[10]
- Find out more or apply
5. Atlantic Bedding and Furniture
- Locations: Southeastern U.S.
- Financing program: Progressive Leasing[12]
- Processing fee: Not if paid back in the allotted time[12]
- Down payment: $49 initial payment once approved[12]
- Payments due: Frequency is determined by your paycheck schedule[12]
- Maximum lease term: 12 months[13]
- Find out more or apply
6. Gallery Furniture
- Locations: Stores in Texas, or online for home delivery anywhere in the continental U.S.[14]
- Financing program: Progressive Leasing[15]
- Processing fee: None[1]
- Down payment: First lease payment due at purchase[1]
- Payments due: Weekly, bi-weekly, or monthly payments.[6]
- Maximum lease term: 12 months[16]
- Find out more or apply
Stores With Easy Mattress Financing
Another option for mattress financing if your credit is less than perfect is Buy Now, Pay Later with Affirm. Affirm is another third-party financing company that offers fast approval and typically approves most buyers, even those with no credit or poor credit history.
Affirm does run a credit check, but the financing decision isn’t based solely on credit scores or past payment history.
Unlike other third-party financing companies, Affirm programs are loans that charge interest as an annual percentage rate (APR), which is the amount of interest charged annually as an average over the full term of the loan. In some cases, a down payment may be required if Affirm is unable to finance the entire amount — otherwise, your first payment will be due a month from the date of purchase.[17]
Like leasing programs, options like Affirm do cost more than buying your mattress in cash. It’s a good idea to check the financing program’s interest rate, late payment policies and fees, early payoff options, and total purchase amount before signing. The following online mattress stores offer Affirm as a financing option; we’ve ordered the list starting with the best overall options:
1. Wayfair
- Financing options: Three-month, six-month, or 12-month financing plans[18]
- How to apply for financing: Shop on the Wayfair website and choose the “Financing with Affirm” option at checkout.
- Find out more or start shopping
2. Lull
- Financing options: Six-month, 12-month, 18-month, or 24-month financing plans[19]
- How to apply for financing: Shop on the Lull website and choose the “Financing with Affirm” option at checkout.
- Find out more or start shopping
3. Bear Mattress
- Financing options: Three-month to 24-month financing plans[20]
- How to apply for financing: Shop on the Bear Mattress website and choose the “Financing with Affirm” option at checkout.
- Find out more or start shopping
4. Casper
- Financing options: Three-month to 24-month financing plans[21]
- How to apply for financing: Shop on the Casper website and choose the “Financing with Affirm” option at checkout.
- Find out more or start shopping
5. Christeli
- Financing options:Three-month, six-month, or 12-month financing plans[18]
- How to apply for financing: Shop on the Christeli website and choose the “Financing with Affirm” option at checkout.
- Find out more or start shopping
6. Leesa
- Financing options: Six-month, 12-month, or 24-month financing plans[22]
- How to apply for financing: Shop on the Leesa website and choose the “Financing with Affirm” option at checkout.
- Find out more or start shopping
7. Purple
- Financing options: Six-month, 12-month, 24-month, 36-month, or 48-month financing plans[23]
- How to apply for financing: Shop on the Purple website and choose the “Financing with Affirm” option at checkout.
- Find out more or start shopping
8. Coleman Furniture
- Financing options: Three-month, six-month, or 12-month financing plans[24]
- How to apply for financing: Shop on the Coleman Furniture website and choose the “Financing with Affirm” option at checkout.
- Find out more or start shopping
You can find out about more stores that offer leasing options in our list of Progressive Leasing stores.