Working with its affiliates, bank partners and others, Snap Finance LLC markets and supports a number of different financing options. This website relates primarily to the lease-to-own financing option offered by Snap RTO LLC.
Lease-to-Own
Snap RTO LLC (“Snap RTO”) partners with merchants to offer lease-to-own financing options. In a lease-to-own transaction, Snap RTO acquires merchandise from a store or website and leases it to the customer. The customer has the option of acquiring the merchandise at the end of the maximum lease period or exercising certain early purchase options to save on total costs. The customer also has the right to terminate the lease and return the merchandise to Snap. Snap lease-to-own agreements are not available to residents of Minnesota, New Jersey, and Wisconsin.
Additional Products
Available options depend on your purchase amount, may vary by merchant, and may not be available in all states.
Snap Loan® Branded Installment Loans Issued by a Bank Partner–
Snap-branded installment loans are originated by Capital Community Bank, which determines the qualifications for and terms of credit. Snap-branded installment loans are underwritten, originated, and held by Capital Community Bank.
Snap Loan® Branded Retail Installment Contracts–
A retail installment contract is a financing solution offered by a retail seller of goods and/or services which allows you to pay the purchase price over time, but which includes a time-value cost similar to interest. From a customer perspective, a retail installment contract is similar to an installment loan. Snap partners with merchants to facilitate the offering of retail installment contracts at merchant locations in certain states. These contracts are usually purchased by Snap Second Look LLC.
Snap Loan® branded products are not available to residents of the following states and territories: Colorado, Connecticut*, District of Columbia, Georgia, Hawaii, Illinois*, Iowa, Maine, Maryland, Massachusetts, New York, North Carolina, South Dakota, Vermont, West Virginia, US Virgin Islands and Puerto Rico.
*Snap Loan® may be offered by select merchant(s) in CT and IL, but it is not widely available.
Licenses, Notices, and Related Disclosures
Nationwide Multistate Licensing System (“NMLS”) Identification:
Snap Finance LLC – NMLS ID 1769138
Snap Finance LLC
Arkansas
Collection Agency License – 5647
Arizona
Collection Agency License – 1027500
California
Debt Collector License - 11463-99
Iowa
Debt Collector Notification
Kansas
Consumer Credit Notification – NOT.0026619
Louisiana
Collection Agency License – 432167541
Maryland
Collection Agency License – 1769138
Minnesota
Collection Agency License – 40618804
New Hampshire
Small Loan Lender License – 22704-SM
North Dakota
Collection Agency License – CA103401
Money Broker License – MB103402
Pennsylvania
Credit Services Loan Broker License – 69140
South Dakota
Money Lender License – MYL.3371
Texas
Regulated Lender License – 161273
Utah
Consumer Credit Notification
Washington
Collection Agency License – UBI 604 424 126
Wisconsin
Consumer Act Registration
Snap RTO LLC
Colorado
UCC Rent-To-Own Notification – RTO70000040
Indiana
Rental Agreement Act Registration – 23577
Louisiana
Debt Collection Registration – 44691982Q
Oklahoma
Rental Purchase Lessor – RTO07906
South Carolina
Consumer Grantor (Rent-To-Own) – ROC-113221