Acima Leasing FAQ

Acima Leasing is a lease-to-own financing solution owned by Upbound Group, Inc. (formerly Rent-A-Center). It allows consumers to take home furniture, appliances, electronics, tires, mattresses, and jewelry without a traditional loan or credit card. Acima purchases the item from a retail partner and leases it to you with flexible, recurring payments.

Acima Leasing uses a soft credit pull for your application, which does not impact your credit score. Approval is primarily based on your income level and how your checking account has been managed — not your credit score or history. This means people with bad credit, no credit, or past financial difficulties can often be approved.

To qualify for Acima Leasing you generally need: (1) a valid government-issued ID, (2) an active checking account (typically open for 3+ months), (3) verifiable income (employment or government benefits), and (4) a valid debit card or bank account for recurring payments. There is no minimum credit score requirement.

Acima Leasing typically delivers an approval decision in as little as 3 minutes. Once approved, you can immediately use your lease amount at any participating retail partner location — in-store or online.

Acima Leasing offers lease amounts from $300 to $5,000. The exact amount you're approved for depends on your income and checking account activity. The average approval is approximately $2,400 — enough to cover a sofa set, appliance bundle, or quality electronics.

The 90-day early purchase option lets you buy your leased items within 90 days of the lease start date at a cost that's close to the original retail price — plus a small initial payment and any lease renewal fees paid to date. This is the most cost-effective way to use Acima Leasing, and our experts strongly recommend planning to use it.

The total cost depends entirely on when you purchase. If you use the 90-day early purchase option, you'll pay close to retail price. If you complete the full 12-month lease, Acima's own disclosures state that agreements "may cost more than double the cash price." For a $600 item, that could mean paying $1,200 or more over the full term. Always read your agreement's total cost disclosure.

Acima Leasing lets you choose weekly, bi-weekly, or monthly payment schedules. You can align payments to match your paycheck frequency, which helps avoid missed payments. Payments are automatically processed from your bank account or card on file.

No. Acima Leasing is not a loan and does not charge a traditional interest rate (APR). It is a lease-purchase agreement. Instead of interest, you pay lease renewal fees as specified in your lease agreement. However, the economic effect of a full-term lease can be similar to a high-cost loan — which is why using the early purchase option is critical.

Missing a payment may result in late fees and could affect your lease status. Repeated missed payments could result in the lease being terminated and the merchandise being reclaimed. If you anticipate trouble making a payment, contact Acima customer service proactively — they may offer options or payment arrangements.

Acima Leasing works with over 16,000 retail partner locations across the United States. This includes furniture stores, appliance dealers, electronics retailers, tire shops, jewelry stores, and more. Upon approval, you'll receive information about eligible retailers in your area. Acima also has an online marketplace for e-commerce shopping.

Eligible merchandise includes: furniture (sofas, beds, dining sets, bedroom furniture), home appliances (refrigerators, washers, dryers, dishwashers), consumer electronics (TVs, laptops, gaming systems), tires and wheels, mattresses, and jewelry. Product availability depends on the specific retail partner.

Yes — this is actually one of Acima Leasing's benefits as a lease (vs. a purchase). You can return the merchandise per the terms of your lease agreement if you no longer want to continue. Once you return the items, your payment obligation typically ends. Check your specific lease agreement for the exact return terms.

Acima Leasing availability and terms vary by state. Some states have specific regulations governing lease-to-own products. Check acima.com directly or ask at a retail partner location to confirm availability in your state.