Progressive Leasing is a company that provides lease-to-own plans to consumers. Stores partner with Progressive so that the store itself doesn’t have to provide the financing. What makes Progressive Leasing different? Stores with traditional financing plans frequently reject customers with poor credit, but Progressive Leasing doesn’t run any credit check, so it’s easier to get a lease when the store uses Progressive’s services. Also, Progressive Leasing feature early buy out options and don’t have as many fees as traditional plans.

In This Article

How Does Progressive Leasing Work?

Progressive Leasing is a company that provides lease-to-own, rent-to-own, or rental purchase agreements to customers.

While your FICO score is not considered when applying for Progressive Leasing, you must meet certain requirements to be approved. Progressive Leasing will examine your employment history, income, and banking history, among other things. Therefore, there is no guarantee you will be approved for their leasing program.

According to the Progressive Leasing Retail Procedures, it works like this: once you’re approved, the lease is signed, and your initial payment is received, Progressive 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.

Progressive Leasing doesn’t permit retailers to charge an application fee for their services, and 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 for a low fee, often just your initial payment plus the purchase price of the item. Know that 90-day payoff plans with Progressive Leasing aren’t available in certain states because of state laws. If you live in Illinois, Minnesota, New Jersey, Vermont, Wisconsin, or Wyoming, you will have to explore other financing options. You’ll also have buyout options for up to 12 months if you don’t pay in full within the first 90 days.

A lease from Progressive can be an affordable alternative to financing. You also don’t have to sign up for layaway. Like any leasing, financing, or similar program, you’ll end up paying more than if you had bought the item in full up front, but, Progressive Leasing’s programs are often much more affordable than traditional leasing or financing options.

It’s okay though if you’re not fully comfortable using Progressive Leasing at this time. If that’s the case, you can always go to one of these 40+ stores that offer layaway and be patient for your purchases.

Stores That Use Progressive Leasing

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. Here are 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.

Department Stores

1. Big Lots

  • Requirements: (1) driver’s license, (2) Social Security Number, (3) active checking account, (4) employment information, and (5) be at least 18 years of age
  • Payment Options: (1) 90-Day Payment Option; or (2) discounted early buyout at 90 days
  • 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.
  • How to Apply: Apply online through the Big Lots Progressive Leasing page.
  • Location: Big Lots has stores in 48 states. Find your nearest store using the Big Lots store locator.
  • Shipping: Big Lots ships to all states except Alaska and Hawaii. Lower weight items are shipped USPS, but fees apply to heavier items. See more info on shipping on Big Lots FAQs page.
  • More info on Big Lots’ website.

2. Conn’s Home Plus

  • Requirements: (1) government-issued photo ID, (2) a Social Security Number or ITIN, (3) credit card or debit card, (4) checking account and routing number, and (5) be at least 18 years of age
  • Payment options: (1) 90-Day Payment Option; or (2) early buyout option
  • Qualifying items: This is a lease-to-own program for appliances, electronics, furniture, mattresses, and other home goods.
  • How to apply: Apply online for a YES LEASE™ or stop by a local Conn’s HomePlus store.
  • Location: Conn’s Home Plus has stores throughout the southern and western United States. Find your nearest store using the Conn’s store locator.
  • Shipping: Conn’s does not ship outside of the 48 contiguous states and only ships packages requiring freight services in Alabama, Arizona, Colorado, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. See more info on Conn’s shipping information page.
  • More info on Conn’s Home Plus’ website.

3. ShopFactoryDirect.com

  • Requirements: (1) a credit or debit card, (2) checking account open for at least 3 months with no NSF in the last 30 days, (3) regular source of income, (4) be at least 18 years of age
  • Payment options: (1) 90-Day Payment Option where, if paid within the first 90 days, you pay only the lease amount plus the initial $49 fee; (2) Early Lease Buyout when after the initial 90 days, you can elect to pay off the remaining balance of your contract for 65% of the remaining balance; or (3) regular payments on a weekly, bi-weekly, or monthly basis for the full 12 months
  • Qualifying items: All items
  • How to apply: Apply online through ShopFactoryDirect.com’s Progressive Leasing page.
  • Location: ShopFactoryDirect.com is an online retailer
  • Shipping: Free shipping in the continental U.S., and shipping for a fee to Alaska, Hawaii, and Puerto Rico. See more info on the Shipping Policy page.
  • More info on ShopFactoryDirect.com.

Electronics Stores

4. Cricket Wireless

  • Requirements: (1) Social Security Number, (2) government-issued photo ID, (3) credit card or debit card, (4) active open checking account numbers, (5) source of income, (6) be at least 18 years of age
  • 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.
  • Qualifying items: All items
  • How to apply: Apply online through the Cricket Wireless Progressive Leasing page.
  • Location: Cricket Wireless has stores and payment centers in the central and southern United States. Find your nearest store using the Cricket Wireless store locator.
  • Shipping: Cricket ships anywhere in the U.S. See more info on the Shipping and Delivery page.
  • More info on Cricket Wireless’ website.

Furniture Stores

5. Atlantic Bedding and Furniture

  • Requirements: Customers need to provide the following documents: (1) 30-day bank statement, (2) Most recent pay stub, (3) Photo ID, (4) Voided or Cancelled Check, (5) Copy of Your Last W-2
  • Payment Options: (1) 90-day payment plan, where you pay the invoice amount and the $49 application processing fee within 90 days of the delivery date, and (2) a 65% buyout option, after 90 days you may own the merchandise outright by simply paying 65% of the balance left on the account.
  • Qualifying Items: All items.
  • How to Apply: Apply in store or use their “inquire” function to about an item online request financing applications.
  • Location: Atlantic has stores in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, and Virginia. Find your nearest store using the Atlantic Bedding and Furniture store locator.
  • Shipping: Free delivery is available within 30 miles of any Atlantic store. If you’re more than 30 miles away, delivery may be available for a fee. See Atlantic’s delivery policy.
  • More info on Atlantic’s website.

6. Art Van Furniture

  • Requirements: (1) Employed for 6 months at one company, (2) Earn $1250 per month (gross), (3) Have an open and active checking account for 3 months, (4) No excessive NSF’s or excessive overdrafts, (5) Have a $500 per month deposit history, (6) Do not have a negative balance
  • Payment Options: (1) 90-Day Payment Option, where you’ll end up paying just purchase price and application fee; or (2) 12-month payment plan with discounted early buyout options
  • Qualifying Items: All items.
  • How to Apply: Apply online with Art Van’s online application.
  • Location: Art Van has stores in Illinois, Indiana, Iowa, Michigan, and Ohio. Find your nearest store using the Art Van Furniture store locator.
  • Shipping: Free shipping to all states except Alaska and Hawaii on most items. See Art Van’s shipping policy.
  • More info on Art Van’s website here.

7. Gallery Furniture

  • Requirements: (1) debit or credit card information to make initial payment, (2) checking account number, (3) verifiable source of income, (4) names and contact info of two relatives not living with you
  • Payment options: (1) Make a down payment of $53 for the amount leased; (2) 90-Day Payment Option; or (3) Auto Draft Payments option
  • Qualifying items: All items with approval from $300 to $3,000
  • How to apply: Complete the Progressive Rental Application online.
  • Location: Gallery Furniture has three stores in Texas. Find your nearest store using the Gallery Furniture store locator.
  • Shipping: Gallery Furniture ships to any state other than Texas, Alaska, or Hawaii for a flat rate of $500, and shipping rates are lower in Texas. See more info on the Delivery page.
  • More info on Gallery Furniture’s website.

8. Jerome’s Furniture

  • Requirements: (1) government-issued photo ID, (2) Social Security Number or ITIN, (3) credit or debit card, (4) checking account and routing number, and (5) be at least 18 years of age
  • Payment options: (1) 90-Day Payment where if you pay balance off within 90 days you pay only the invoice price plus the $49 initial lease payment; or (2) beyond 90 days, 12 monthly payments calculated at 2.1x the invoice total
  • Qualifying items: All items
  • How to apply: Apply online through the Jerome’s Furniture Progressive Leasing page.
  • Location: Jerome’s Furniture has several stores around California. Find your nearest store using the Jerome’s Furniture store locator.
  • Shipping: Jerome’s delivers in southern California. Find out if you are in their delivery range on the Deliveries page.
  • More info on Jerome Furniture’s website.

9. Jordan’s Furniture

  • Requirements: (1) Proof of employment, (2) an active checking account, and (3) a debit or credit card to make your first payment
  • Payment options: (1) 90-Day Payment Option – pay the lease amount of your furniture or mattress purchase within 90 days of delivery and pay the initial payment of $49 and the lease amount (plus tax where applicable); and (2) 65% Buyout Option – anytime after 90 days, you can buy and own your furniture or mattress for 65% of your lease balance.
  • Qualifying items: Everything in stock
  • How to apply: Apply in store or apply online.
  • Location: Jordan’s has stores in Massachusets, Rhode Island, New Hampshire, and Connecticut. Find a Jordan’s near you.
  • Shipping: Delivery is available in New England.
  • Read more about Jordan’s Furniture SimpliFi Leasing Program

10. Mattress Firm

  • Requirements: (1) Social Security Number or ITIN, (2) an active checking account, open for at least three months with no overdrafts of NSF in the last 30 days, (3) steady income for at least six months, (4) deposits at least $500 per month, and (5) be at least 18 years or older
  • Payment options: (1) 90-Day Payment Option, where you pay only the invoice price plus the $50 processing fee, or (2) a 12 month pay off option where you pay 2.5 times the invoice price plus the invoice fee of $59.
  • Qualifying items: All items
  • How to apply: The application form is available online on the Approve.Me page of Mattress Firm’s website.
  • Location: Mattress Firm has locations across the US, including in Hawaii and Alaska. Find your nearest store using the Mattress Firm store locator.
  • Shipping: Shipping is available in all 50 states. For in-store purchases, next day delivery is available, and for online purchases, mattresses can be delivered in two to three days. Find more shipping info on the Mattress Firm Delivery page.
  • More info on Mattress Firm’s website.

If none of these options work for you, there are more rent to own furniture stores (some requiring no credit check) that are useful for those who need to make a big purchase now, but can’t afford to pay the whole thing at once.

Jewelry Stores

11. Helzberg Diamonds

  • Requirements: (1) Social Security Number or ITIN, (2) credit or debit card, (3) routing and account numbers for an open and active checking account, and (4) be at least 18 years or older
  • Payment options: (1) 90-Day Payment where if you pay within 90 days you pay only the invoice amount plus your initial payment; (2) regular payments for 12 months; or (3) early buyout after 90 days
  • Qualifying items: All items
  • How to apply: No online application, call 1-800-HELZBERG to start your application
  • Location: Helzberg Diamonds has dozens of retail centers and outlet stores throughout the United States. Find your nearest store using the Helzberg Diamonds store locator.
  • ShippingFree FedEx ground on all orders over $150 within the continental U.S. See more info on the Shipping page.
  • More info on Helzberg’s website.

12. REEDS Jewelers

  • Requirements:  (1) Social Security Number or ITIN, (2) credit or debit card, (3) routing and account numbers for an active checking account, and (4) be at least 18 years or older
  • Payment options: (1) 90-Day Payment Option; (2) 12 Month Max Lease Program; or (3) Early Buyout after 90 days
  • Qualifying items: All items
  • How to apply: You need to fill out a different application if you’re making a jewelry purchase online versus in a store. Apply for Online Shopping with Progressive Leasing or In-Store Shopping with Progressive Leasing.
  • Location: REEDS Jewelers has several locations inside malls in the eastern and southern United States. Find your nearest store using the REEDS Jewelers store locator.
  • Shipping: Free shipping on all deliveries within the continental U.S., and $25 for shipments to Alaska or Hawaii. See more info on the Shipping Policy page.
  • More info on REEDS’ website.

Wheel and Tire Stores

13. Dan the Tire Man

  • Requirements:  (1) have an income of at least $1,000 per month, (2) have an active traditional checking account in good standing that’s been open for at least 3 months, and (3) have a regular credit card or a debit card that’s linked to your checking account.
  • Payment options: (1) 90-day option, where you pay the $49 application fee plus the invoice price, (2) pay off anytime after three months but before 12 and pay 65% of the remaining lease amount, or (3) 12-month payment plan
  • Qualifying items: All items
  • How to apply: Apply online. Once you are approved, Dan will contact you within 24 hours, help you select items, and give you a quote.
  • Location: Stores in Phoenix, AZ, and Madawaska, ME.
  • Shipping: Delivery is available nationwide. Call (866) 297-5948 for more info.
  • More info on Dan the Tire Man’s website.

Need more options? See these top rent to own tire places with no credit checks. Rent to own packages can ease the burden of paying a large fee up front to own tires and instead allow you to pay in smaller installments for the exact wheel and tire combination you desire.

Stores That Don’t Use Progressive Leasing (So You’re Not Left Wondering)

While many stores now offer leases through Progressive Leasing, there are still a number of nationwide stores that only offer traditional financing. The following stores do not use Progressive Leasing:

  • Best Buy
  • Costco
  • Kmart
  • MetroPCS
  • Sam’s Club
  • Target
  • Verizon Wireless
  • Walmart

In Summary

Progressive Leasing stores give you multiple early buyout options and save you some of the fees of traditional financing programs. There’s no credit check, so these lease-to-own programs are available for those with less than perfect credit. Many of the stores that use Progressive Leasing have locations nationwide, and of those that don’t, most offer shipping in the continental U.S. So, don’t get discouraged if you don’t have the cash on hand for your purchase and have been rejected for financing because of your credit score — Progressive Leasing provides you with an alternative.