15 Progressive Leasing Stores: Furniture, Electronics, etc

Progressive Leasing provides lease-to-own plans to consumers in partnership with a variety of retailers, and it allows you to make large purchases and pay for them over time. This can be convenient for many customers with bad or no credit — while stores with traditional financing plans frequently reject customers with poor credit, Progressive Leasing doesn’t run a credit check.

How Progressive Leasing Works

While Progressive Leasing does not pull your credit report, you must meet certain requirements to be approved. Progressive Leasing will examine your employment history, income, and banking history, among other things. Therefore, approval is not always guaranteed.

Once you’re approved for Progressive Leasing, the lease is signed, and your initial payment is received, Progressive Leasing purchases the merchandise from the retailer and simultaneously leases this merchandise to you, the customer. This means that Progressive technically retains ownership until you’ve paid off the lease.^[1]

To use your funds after getting approved, either select the payment option online or visit a participating store with your lease ID number and photo ID. A cashier will be able to look up your lease and help you complete your purchase. Note that f you apply through a specific store that offers Progressive Leasing, you cannot use your lease at a different retailer; however, you can use the lease at any location of the retailer where you applied.

Progressive Leasing doesn’t permit retailers to charge an application fee for its services and it won’t let the retailer pay any part of the initial payment. Progressive Leasing’s programs give you 90 days to pay off the purchase — often just your initial payment plus the purchase price of the item. You’ll also have buyout options for up to 12 months if you don’t pay in full within the first 90 days, but these will incur higher leasing fees (as opposed to interest).

Potential Drawbacks

Be aware that if you have trouble making your payments on time, you can also face some consequences. If you contact the company before the missed payment’s due date, it may be willing to work out a solution with you. However, if you miss payments without notifying the company of your situation, you may default on your lease. Your account could be sent to collections, and your items could be repossessed.

Progressive Leasing has an A rating from the Better Business Bureau, but quite a few negative reports from customers; most complaints stem from negative experiences with customer service or the high total cost of the lease. Like any leasing, financing, or similar program, you’ll end up paying more than if you had bought the item in full upfront — more than double the item’s retail price, in some cases.

Restrictions by State

Note that 90-day payoff plans with Progressive Leasing aren’t available everywhere because of state laws. If you live in Minnesota, New Jersey, Vermont, Wisconsin, or Wyoming, you will have to explore other financing options.

What We Recommend

If you’re looking for a department store that offers Progressive Leasing for all items, consider Shop Factory Direct. While it has no physical store locations, it offers a wide selection of products and multiple flexible lease repayment options. Similarly, the online discount store Overstock.com also offers Progressive Leasing for most items.

For more specialized retailers that offer Progressive Leasing programs, consider Best Buy for your electronics needs and Lowe’s or Ashley HomeStore for your home improvement and furniture needs. Furthermore, Reeds Jewelers is a good option for buying fine jewelry with Progressive Leasing, and it offers a wide selection of products and designers.

Comparison Table

You can use the table for a brief comparison of qualifying items and payment options, then select any store or scroll for more information.

The List

Because stores that offer Progressive Leasing don’t run a credit check, many will require some proof of income and a credit card, debit card, or active checking account to prove your creditworthiness and use for the initial payment. As noted above, the payment structure is virtually the same for all Progressive Leasing programs — you have 90 days to pay off the item for just the price of the item and the initial fee, and if you don’t pay it off in 90 days, you typically have 12 months to complete the lease while incurring service fees.

Below, we list the popular department stores, electronics stores, furniture stores, jewelry stores, and tire stores that offer Progressive Leasing programs so you can make your purchase with a payment plan even with a low credit score. Within each category, we’ve ordered the lists starting with the best overall selection and leasing options.

Department Stores

Shop Factory Direct

• Retail locations? No
• Requirements:
  • Credit or debit card
  • Routing and account numbers for open, active checking account
  • Must be at least 18 years of age (19 in Alabama)
  • Social Security number or ITIN^[2]
• Payment options:
  • 90-day purchase option
  • 12-month to ownership
  • Early purchase option, available 90 days after delivery date^[2]
• Qualifying items: All items^[2]
• Find out more or apply

Big Lots

• Retail locations? Yes
• Requirements:
  • Social Security number or ITIN
  • Active checking account
  • Credit or debit card
  • Must be at least 18 years of age^[3]
• Payment options: 90-day option with no additional fees; discounted early purchase option after 90 days^[3]
• Qualifying items: Sofas, loveseats, sectionals, dining sets, mattresses, outdoor patio furniture, gazebos, umbrellas, grills, chairs, and other seasonal items. You will need to check with a Big Lots associate for specific details.^[3]
• Find out more or apply, or visit a Big Lots location

Conn’s Home Plus

• Retail locations? Yes
• Requirements:
  • Social Security number or ITIN
  • Credit card or debit card
  • Checking account and routing number
  • Must be at least 18 years of age (19 in Alabama)^[4]
• Payment options:
  • 90-day payment option with buyout options after 90 days^[5]
  • 12-month payment plan^[5]
• Qualifying items: No restrictions mentioned^[6]
• Find out more or apply, or visit a Conn’s location

Electronics Stores

Best Buy

• Retail locations? Yes
• Requirements:
  • Must be at least 18
  • Credit or debit card
  • Routing and account numbers for an open, active checking account
  • Social Security number or ITIN^[7]
• Payment options: For the lowest recurring payments, it offers a 12-month standard agreement, but Progressive Leasing does offer early buyout options beginning at 90 days.^[7]
• Qualifying items: Most items, excluding delivery, installation, Geek Squad protection, Apple Care, mobile phone plans, prepaid cards, drones, self-balanced scooters, hoverboards, electric bikes, and software. Further exclusions may vary by state.^[8]
• Find out more or apply, or visit a Best Buy location

Note: Best Buy’s Progressive Leasing program is not available in Minnesota, New Jersey, Vermont, Wisconsin, Wyoming, or Puerto Rico.^[7]

Cricket Wireless

• Retail locations? Yes
• Requirements:
  • Social Security number
  • Government-issued photo ID
  • Credit card or debit card
  • Active open checking account numbers
  • Must be at least 18 years of age^[9]
• Payment options: Pay $50 at a participating Cricket Store and subsequent payments to Progressive Leasing. Initial payment in California may be lower. 90-day payment and other early buyout options available. Choose from weekly, bi-weekly, or monthly payment options. You can choose up to five phones based on your lease amount, but the first phone must cost at least $150.^[10]
• Qualifying items: All items^[9]
• Find out more or apply, or visit a Cricket Wireless location

Home Improvement and Furniture Stores

Lowe’s

• Retail locations? Yes
• Requirements:
  • Credit or debit card for the initial payment
  • Routing and account numbers for an open, active checking account
  • Social Security number or ITIN
  • Must be at least 18 years old^[11]
• Payment options:
  • 90-day payment option
  • 12-month lease
  • Early buyout options may be available depending on your contract. Your payment schedule and payment amounts will also vary depending on what merchandise you purchase.^[11]
• Qualifying items: Appliances, grills, floor care, patio sets, outdoor living^[12]
• Find out more or apply, or visit a Lowe’s location

Note: Lowe’s Progressive Leasing program is not available in Minnesota, New Jersey, Vermont, Wisconsin, or Wyoming.^[11]

Ashley HomeStore

• Retail locations? Yes
• Requirements:
  • Credit or debit card for the initial payment
  • Social Security number
  • Must be at least 18 years old^[13]
• Payment options: 12-month standard agreement or 90-day lease option with low initial payments^[14]
• Qualifying items: Virtually all items, excluding non-tangible items like shipping costs and extended warranties^[14]
• Find out more or apply, or visit an Ashley location

Mattress Firm

• Retail locations? Yes
• Requirements:
  • Social Security number or ITIN
  • Checking account and number
  • Credit or debit card
  • Government-issued photo ID
  • Must be at least 18 years or older^[15]
• Payment options:
  • 90-day payment option with a $59 initial payment
  • 12-month payoff option where you up to two times the purchase price once interest is calculated^[15]
• Qualifying items: All items^[15]
• Find out more or apply, or visit a Mattress Firm location

Atlantic Bedding and Furniture

• Retail locations? Yes
• Requirements:
  • Social Security number or ITIN
  • Credit or debit card
  • Details for your bank account
  • Must be at least 18 years of age^[16][17]
• Payment options:
  • 90-day payment plan
  • 12-month payment plan
  • Early purchase option^[4]
• Qualifying items: All items^[17]
• Find out more or apply, or visit an Atlantic Bedding and Furniture location

Gallery Furniture

• Retail locations? Yes
• Requirements:
  • Debit or credit card information to make the initial payment
  • Checking account with routing number
  • Social Security number or ITIN
  • Valid ID or passport
  • Must be at least 18 years of age^[18]
• Payment options:
  • 12-month standard agreement
  • 90-day payment option
  • Autodraft payment option^[18]
• Qualifying items: No restrictions listed^[19]
• Find out more or apply, or visit a Gallery Furniture location

Jordan’s Furniture

• Retail locations? Yes
• Requirements:
  • Must be at least 18 years of age
  • Social Security ITIN number
  • Routing and account number for active checking account
  • Debit or credit card^[20]
• Payment options:
  • 90-day purchase option
  • Early purchase option available any time after 90 days past delivery date
  • 12-month plan with automatic payments withdrawn weekly, bi-weekly, or monthly^[20]
• Qualifying items: Everything in stock^[20]
• Find out more or apply, or visit a Jordan’s Furniture location

Jerome’s Furniture

• Retail locations? Yes
• Requirements:
  • Photo ID (optional)
  • Social Security number or ITIN
  • Credit or debit card
  • Checking account and routing number
  • Must be at least 18 years of age^[21]
• Payment options:
  • 90-day payment where if you pay the balance off within 90 days you pay only the invoice price plus the $49 initial lease payment
  • 12-month payment plan^[21]
• Qualifying items: All items^[21]
• Find out more or apply, or visit a Jerome’s Furniture location

If none of these options work for you, there are more rent to own furniture stores (some requiring no credit check).

Jewelry Stores

Reeds Jewelers

• Retail locations? Yes
• Requirements:
  • Social Security number or ITIN
  • Credit or debit card
  • Routing and account numbers for an active checking account
  • Must be at least 18 years or older^[22]
• Payment options:
  • 90-day payment option
  • 12-month lease to own program
  • Early buyout option^[22]
• Qualifying items: All items^[22]
• Find out more or apply, or visit a Reeds location

Helzberg Diamonds

• Retail locations? Yes
• Requirements:
  • Social Security number or ITIN
  • Credit or debit card
  • Checking account and routing number
  • Government-issued photo ID
  • Must be at least 18 years or older^[23]
• Payment options:
  • 90-day option where if you pay within 90 days, you pay only the invoice amount plus your initial payment
  • Regular payments for 12 months
  • Early buyout after 90 days
• Qualifying items: In-store items only^[24]
• Find out more or apply, or visit a Helzberg location

Online Stores

Overstock

• Retail locations? No
• Requirements:
  • Must be 18 years or older
  • Social Security number or ITIN
  • Credit or debit card
  • Routing and account numbers for an open, active checking account^[25]
• Payment options:
  • 90-day purchase option
  • 12-month payment plan
  • Initial payment of $49 is due upfront for both payment options^[25]
• Qualifying items: Furniture, electronics, jewelry, appliances, mobile devices, mattresses, accessories, musical instruments, etc. Consumable items, items that pose an unmanageable risk, and merchandise legally prohibited from lease agreements cannot be included in the lease.^[25]
• Find out more or apply

Wheel and Tire Stores

Dan the Tire Man

• Retail locations? Yes
• Requirements:
  • Must be 18 years or older
  • Social Security number or ITIN
  • Credit or debit card (no prepaid cards)
  • Open, active checking account with a brick-and-mortar style bank^[26]
• Payment options:
  • 90-day purchase option
  • 12-month payment plan
  • Early purchase option, available at any time during your lease
  • Initial payment of $49 is due upfront no matter what^[26]
• Qualifying items: All items^[26]
• Find out more or apply, or visit Dan the Tire Man’s store in Arizona

Stores That Don’t Use Progressive Leasing

While many stores now offer leases through Progressive Leasing, there are still a number of nationwide stores that only offer traditional financing, or offer different leasing programs like WhyNotLeaseIt.

The following stores do not use Progressive Leasing:

• Amazon
• Costco
• The Home Depot
• Metro by T-Mobile (Formerly MetroPCS)
• Sam’s Club
• Sears
• Target
• Verizon Wireless
• Walmart