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 Proprietary research, “Snap Merchant Pulse Survey.” October, 2023.
3 Not all applicants are approved. Approvals subject to underwriting qualification criteria.
4 Proprietary research, “Unlock the Benefits of Tertiary Financing.” Conducted through Accelerant Research’s Agora panel with 1,300 U.S. consumers. Snap Finance, October 2024.
5 Approval amounts vary from $300 to $5,000, subject to underwriting, and apply only to the cash price of leased items.
6 The standard plan consists of renewable lease terms. To exercise an early ownership, consumers must make regular payments on time and schedule additional payments via the customer portal or by contacting Customer Care at 1-877-557-3769.
7 Standard lease plan is 12-18 months. To exercise the 100-Day Option, consumers must ensure the full 100-day amount is paid within 100 days by contacting Customer Care at 1-877-557-3769 or by scheduling payments in the customer portal. The 100-Day Option includes a cost of lease above the merchandise price.
