Upgrade your sleep today: Lease-to-own mattresses explained simply
Tossing and turning on an old mattress? You don’t have to wait to upgrade your sleep. Many shoppers put off buying a new mattress because of cost or credit worries, but lease-to-own financing makes comfort possible today. With a lease-to-own mattress from Snap Finance, you can get a decision quickly, take your mattress home the same day, and make convenient payments until you own it.
Takeaways:
Lease-to-own mattresses let you upgrade your sleep without paying for it all upfront.
Snap Finance looks beyond credit scores to determine creditworthiness.
Apply in minutes online or in-store. Get a decision in seconds.
Tossing and turning on an old mattress? You don’t have to wait to upgrade your sleep. Many people put off replacing their mattresses because they’re worried about cost or getting turned down for credit. But the truth is, you don’t need perfect credit to get a good night’s sleep.
With Snap Finance, you can bring home the comfort you need right now through lease-to-own financing. It’s a simple, straightforward way to get approved, take home your mattress today, and make convenient payments until you own it.
What it is and how it works
A lease-to-own mattress is exactly what it sounds like – you choose the mattress you want, Snap Finance buys it from the retailer, and you make scheduled payments until you own it.
Here’s how it works step-by-step:
Apply online or in-store – all credit types welcome to apply.1
Get a decision in seconds.
Take your mattress home immediately or have it delivered.
Make payments that fit your paydays.
Once you've made all payments and completed your lease, you own the mattress.
Snap looks beyond credit scores, making lease-to-own financing accessible for more shoppers.1
Benefits of lease-to-own for mattress shoppers
Getting a new mattress doesn’t have to be stressful or complicated. Lease-to-own financing through Snap offers a convenient, predictable path to ownership.
No credit barriers
Snap Finance welcomes all credit types to apply. When others say no, Snap may be able to help even if you have less-than-perfect credit.1
Immediate comfort
No need to wait for perfect credit or save for months. You can take your mattress home today and start sleeping better tonight.
Convenient payments
Choose a payment schedule that fits your payday. Or choose an early ownership option to save on overall lease costs.2
Early ownership options
Snap’s default lease plan is 12 to 18 months. Alternatively, you can choose to buy out your lease early and save on overall lease costs.2 You can decide what payment plan works best for you.
Return flexibility
If your situation changes, you’re not locked in. You can return the item at any time based on lease terms – giving you peace of mind if plans shift. Check your lease agreement for complete information.
Common questions about cost, returns, and terms
If you’re new to lease-to-own financing, you might have some questions about how it works in real life. Here are some of the most common ones:
Will I pay more than retail?
Yes. If you make regular lease payments until the end of your lease term, you may pay more than twice the price of the retail goods, plus applicable taxes and fees. You can choose an early ownership option to save significantly on overall lease terms.2
What if I want to return my mattress?
Under the terms of the lease agreement, you can end the relationship by surrendering the merchandise. Check your lease agreement for complete information.
Is there a penalty for early buyout?
No. In fact, buying out your lease early helps you save significantly on overall lease costs.2
How soon do I own it?
Once you've completed the terms of your lease agreement, you own the mattress. You can use Snap's Maximum-Term Plan of 12-18 months, or choose an early ownership option.2
Sleep better, pay later with Snap Finance
You don’t need perfect credit to get a good night’s sleep. Lease-to-own financing helps make comfort possible today without paying for it all upfront.
A lease-to-own mattress gives you:
The comfort you want today
A simple path to ownership tomorrow
The assurance that Snap looks at more than your credit score1
Snap Finance partners with trusted retailers across the country, so finding your next mattress is easy. You can apply online, find out if you’re approved in seconds, and sleep better tonight – all without worrying about paying for it all upfront.
Find a store near you
Learn how Snap Finance works
The advertised service is a lease-to-own agreement provided by Snap RTO LLC. Lease-to-own financing is not available to residents of Minnesota, New Jersey, and Wisconsin.
1 Not all applicants are approved. While no credit history is required, Snap obtains information from consumer reporting agencies in connection with applications, and your score with those agencies may be affected.
2 The default payment plan is the Maximum-Term Plan, which includes 12- to 18-month renewable terms and is your highest cost option. To exercise an early ownership option, including any early buyout promotions, you must make all regular payments on time and ensure the required amount is paid within the applicable timeframe through the customer portal or by contacting Customer Care at 1-877-557-3769. Early buyout promotions may include a cost of lease above the merchandise price. For details and limitations, including relating to applicable early ownership options, refer to your lease agreement.