Washing clothes is not everybody’s cup of tea. Most people dread this undertaking as it is daunting and can be time-consuming. This is the reason why most people choose to invest in a washer and dryer machine. Unlike other appliances, this one costs more money. Those models with fancy features can cost an arm and a leg. However, the convenience that comes with such models is unmatched. Since this washer and dryer costs more money, not everyone can afford to buy it upfront. Bad credit, among other issues can hinder them from purchasing this appliance on the go. The good news is that you can now rent to own washer and dryer without credit check and repay the loan awarded in budget-friendly monthly installments. By doing this, you will stay away from community laundry facilities and be able to use it from the comfort of your home. Also, this prevents you from hurting your budget as you will only be required to make monthly installments for a certain period of time. In this article, we shall take a closer look at how one can rent to own washer and dryer without credit check and be able to use it at home.
How Rent To Own Washer And Dryer Without Credit Check ?
As we earlier mentioned, individuals with bad credit can now be able to purchase this machine hassle-free, thanks to appliance financing. Here, they will be able to rent the appliance of their choice, pay the loan awarded in monthly installments, and later be able to own the equipment after completing the payment as agreed. However, for you to get this financing, there are some procedures that you should follow.
To start with, you should identify the seller who trades these appliances on credit. Fortunately, there are many stores where you can rent these appliances and later repay them in installments. Therefore, you do not need to pay the entire price upfront. As we speak, you can now get these stores online or near your locality. Better still, you can ask for recommendations from friends and relatives. Either way, you will not miss out on a store that will allow you to rent the washer and dryer of your choice without credit check.
Once you have identified your prospective seller, you can now make your application so that you can get the much-needed financing. As you make your application, there are a number of details that you will be asked. Some of these details include;
- Your name
- Your Government ID
- Your Social Security Number
- Proof of income
The requirement to submit the documents mentioned above might vary from one retailer to another. However, you have to present all the documents as requested by your retailer of choice. More importantly, ensure that you fill in the details correctly.
Once you have ensured that the details are correct, you can now submit your application to the retailer and then wait for the approval decision. Sometimes, the approval decision might take a few days. Other times, the approval decision might be instant. It all depends on your retailer of choice.
The retailer will check your current credit score and then award you some credit so that you can purchase your washer and dryer of choice. Since your application will have been approved, you can now go ahead and sign a lease agreement so that you can be allowed to carry the item home. Remember that you will be paying for the equipment on a monthly basis as agreed.
Failure to repay the equipment on a monthly basis can hurt your current credit score, and this can hinder you from accessing loans in the future. Therefore, you should ensure that you make your payments on time. By doing this, you will be able to improve your credit score and even be able to get higher loans in the future. Once you finish repaying for the item in full, you will be able to own it fully and use it the way you please.
6 Best Rent To Own Washer And Dryer Without Credit Check Offer
As we speak, there are a number of stores where you can rent a washer and dryer without credit check and later own it after completing all the payments as agreed. Some of the stores that will not disappoint you include:
Unlike other stores, the store mentioned above offers its services online. The good news is that you can now rent a washer and dryer machine without credit check from this store and be able to repay it later in form of installments. Besides this, there are a plethora of models to choose from.
Therefore, you will not miss out on a model that will please you. If you do not like the monthly payments, you can choose to make them weekly or bi-weekly. It all depends on what works well for you. Also, customers usually have a 90-day same as cash option where you can be able to save a few bucks in case you buy the appliance upfront.
2. Rent One
Rent One is also home to a number of home appliances such as a washer and dryer, TV, microwaves, and so forth. If you do not have enough credit to buy the washer and dryer upfront, you can now rent it from this store and be able to repay it later in form of installments. Unlike other stores, this one does not check your credit score status.
Therefore, people with bad credit can still enjoy rent to own option from this store. All you need to submit is your proof of income, your personal address, and a number of references. If you are comfortable with weekly payments, you can go ahead and make them as agreed.
However, there is an option where you can repay the equipment in monthly payments. It all depends on what is convenient for you. It is important to note that this store accepts online payments too.
At ColorTyme, there are many models to choose from. You just need to know the model that you want and then choose it. Just like the stores mentioned above, this one does not perform credit checks. Therefore, if you have bad credit, you can still go ahead and rent a washer and dryer machine and repay it later.
When making an application for this financing, you can readily do it online or at any of their stores countrywide. Within a few minutes, be sure that you will be good to go. Some of the documents that you need to submit for you to be eligible for this financing include your proof of income, proof of residence, and a number of references. Unlike other stores, this one allows you to get the appliance on the same day you applied for financing. This makes this store a convenient option for many homeowners.
The store mentioned above is also home to a number of appliances. Therefore, you can be sure that you will get your washer and dryer model of choice here. For you to be allowed to rent this appliance, you have to submit your proof of income, proof of residence, and at least 3 references.
Luckily, one does not need to have a good credit for you to be allowed to rent an appliance here. Unlike other stores, this one has a flexible payment option. You can also make your payment online, and you will be good to go. If you want to save a few bucks, you should pay all the necessary amount within 120 days from the day you carried the appliance home.
5. Conn’s Home Plus
At Conn’s Home Plus, be sure that you will rent the washer and dryer without credit check that you have always dreamt of. Besides having a variety of these appliances, customers are allowed to rent them and repay later. Whether you have bad credit or not, be confident that you will be allowed to rent this appliance at budget-friendly monthly installments.
When it comes to payment options, there are a variety of options to choose from. From store credit cards to retail installment contracts, there are many options to consider. Also, you will be able to save a few bucks if you manage to make total payments within 90 days of your purchase.
Baber’s is known to have plenty of appliances such as washer and dryer machines, TVs, microwaves, and so forth. If you do not have enough credit, you can go ahead and rent a washer and dryer machine from this store. All you need to submit is your proof of income, your residential address, and at least 3 references.
When it comes to payment, you can make them online and still be good to go. If you want to save a few bucks, you can repay the item fully within 120 days of your purchase. Better still, if you make the payment in full within 6 months, you will be able to save a few dollars. Although this store does not charge to deliver the appliance to you, be sure that you will get it on the following day after your application has been approved.
Benefits Of Rent To Own Washer And Dryer Without Credit Check
Unlike before when you had to pay everything upfront, nowadays, one can rent an appliance such as a washer and dryer and then repay it later. This convenience has made rent-to-own an ideal option for many people as they can own the appliance of their dreams. Here are the advantages of rent to own washer and dryer without credit check.
1. It is an affordable option
Some of the high-end models you find in most shops usually cost an arm and a leg. If you do not have all the money to buy them instantly, you might have to wait until you have the right amount of money needed to make your purchase.
However, this is no longer the case as you can now start renting these appliances and be able to repay them later in form of installments. Since the interest rates are pocket-friendly, your budget will not be hurt. Also, there is no need to deposit any amount of money before taking the appliance home. This makes it an affordable option for many homeowners.
2. Helps you to upgrade your outdated washer and dryer
Perhaps, you might have a washer and dryer that you had bought several years ago and is no longer as effective as it was when new. This is very common with appliances as they slowly become obsolete or even become faulty.
Therefore, there is a need to upgrade it and buy a new one. Rent to own washer and dryer can help you achieve this objective seamlessly. By considering this option, you will be able to give your house a new look.
3. Can help you improve your credit score
Although you might have bad credit when renting the washer and dryer, you can turn the situation around by considering rent to own option. Here, you will be able to rent the appliance mentioned above and then repay it later in form of installments.
If you make timely payments on a monthly basis, be sure that your credit score will rise significantly. This offers you another opportunity to get loans from other lenders out there.
4. Zero chances of debt accumulation
Since you will not need to apply for a normal loan in order to acquire this appliance, be sure that you will not accumulate any debt that can hurt your credit score in the future. Unlike other financing options, this one allows you to acquire the appliance on the spot and later repay for the appliance in budget-friendly installments. Therefore, even with bad credit, be sure that your debt will not accumulate significantly.
5. Allows you to get the best model on the spot
If you choose to save money to buy the best model, it might take you several months. Depending on your level of income, it can even take a number of years. However, with this kind of financing, be sure that you will carry the best model home and pay it later. In fact, most shoppers are able to get financing on the same day and buy their desired appliance on the same day. This convenience makes rent to own financing option lucrative to many homeowners out there.
6. You can return the washer and dryer in case you can no longer rent it
Sometimes, you might be unable to repay the appliance as agreed due to one reason or another. The good news is that most stores allow you to return the appliance any moment you lease. Once you return the appliance you will not be penalized whatsoever. Also, your credit score will not be hurt.
7. Helps minimize risks
A faulty washer and dryer machine can be detrimental to any user at home. To keep any potential risks at bay, there is a need to replace it with a new one. By considering the rent to own option, be sure that you will avoid any risks that can make you incur huge costs in the long run.
8. It allows you rent to own a washer and dryer machine even without credit check
Like we mentioned above, people with bad credit can now own the machine mentioned above seamlessly. All one needs to do is to apply for this financing and then wait for the approval decision.
Once approved, he or she will be able to get the much-needed financing and then be able to buy the appliance on the same day. Most stores that offer this kind of financing usually sell washer and dryer machines. Therefore, you will be able to carry the appliance home, regardless of your credit score status.
Cons Of A Rent To Own Washer And Dryer Without Credit Check
By considering a rent to own washer and dryer, you will enjoy the advantages as discussed above. However, this kind of financing has its own shortcomings. Some of the drawbacks of this financing option include:
1. It can be expensive
Assuming the washer and dryer costs $300 upfront, its costs after renting it can rise up to $400.The extra $100 is due to the convenience enjoyed as a result of paying the appliance in installments. Therefore, if you choose to rent it and later own it, brace yourself for extra charges, such as the one illustrated above. Also, if you miss out on a payment, brace yourself for penalties. This is because some stores are very strict when it comes to monthly installments. As a result, your budget might be hurt in the long run.
2. Sometimes, your credit score might be hurt
There are instances when you might miss out on your monthly installments due to one reason or another. Failure to serve the loan as you had agreed can hurt your credit score. If your credit score is hurt, getting loans from other lenders is hectic, and this can further inconvenience you.
As we mentioned above, the convenience that comes with a personal washer and dryer is unmatched. You will be able to clean your clothes any time you please at home. You do not have to rely on community laundry facilities out there. Since you do not need to pay this appliance upfront, you can now rent it and pay later, as earlier mentioned. The stores mentioned above have plenty of models to choose from. Consider a rent to own washer and dryer machine today, and you will not be disappointed.