At My Furniture Place, we have finance and payment options to meet the needs of your family!
Get approved for your new furniture instantly with "No Credit Needed" financing through Snap Finance!
This revolutionary lease-to-own program is great for anyone with less than perfect credit!
How it works:
"No Credit Needed Financing" doesn't rely on credit reports from the major credit bureaus used by most lenders. This means that even if your credit is not perfect or you have even been turned down for a loan in the past, Snap Finance can make your dream of owning new furniture a reality!
Even applicants with no credit history, bad credit or even bankruptcy can take furniture home today with this lease-to-own financing option.
What are the Benefits:
No credit needed
Application only takes a few minutes
Payments are automatically deducted from your checking account
100 day cash payoff option
12 month payment plan
No paperwork! Your application is securely completed online
No delay! Get your furniture today
Early buyout discount available
What are the requirements to apply for a loan?
Applicants must be 18 years or older
You must have an active checking account
Steady proof of income of at least $1,000 month
Frequent Questions and Answers:
Q: How much do I have to pay today? Is there a down payment?
A: Only the $39 processing fee is due today, then your payment plan will begin on the schedule that you set.
Q: How is a lease different than a loan?
A: Snap offers lease-purchase agreements, meaning there are no interest rates or APRs attached. Lease fees are based on a combination of Snap Finance's proprietary underwriting process and customer-provided information. They also offer a 100-day cash payoff which includes no lease fees and only the cash price of the merchandise plus initial processing fee, which is an average of $39. Your payment schedule will be set for 12 months with withdrawals scheduled at the same frequency as your paydays.
Q: Is there an interest rate associated with the loan?
A: No. Instead, there will be a rental fee for the loan which will be included in each payment. These fees will be waived if the total amount is paid within 100 days.
Q: If I don’t have a job, can I still apply for a lease?
A: Yes. As long as you have an alternate form of income from Social Security, retirement, pension, etc. equaling at least $1,000 per month.
Q: Can I pay off my lease before the 12 months?
A: Yes! Snap offers a 100-day cash buyout plan. You are also always welcome to buyout your lease before the 12 months and enjoy discounted rental fees.
Q: How long is the lease?
A: 12 Months
Q: I have been turned down before. Can I get financing?
A: Yes! Even if you have been turned down before you can be approved in a few moments and get the financing you need.
Q: I had a bankruptcy. Do I still qualify?
A: Yes! Your bankruptcy will not impact your approval with Snap Finance.
Q: Why do they want my social security number if they're not pulling my credit score?
A: Your social security number is needed to validate your identification.
Q: Will I own my furniture when I am finished making payments?
A: Yes! When you have made all the required payments, your new furniture is yours to keep.
Q: Where do I apply?
A: You can apply either in person at our showroom or online by clicking the banner on this page!
Q: Is my information secure?
A: Yes! Your information is completely encrypted for your security.
Our second option is our Free Layaway!
Our four step layaway program lets you get the furniture you want in four easy steps
Step 1: Shop today online or in our showroom and pick out the furniture you want
Step 2: Choose your layaway plan of 8,12,16 or 24 weeks and make your initial payment
Step 3: Make your bi-weekly layaway payments until your furniture is paid in full
Step 4: Enjoy your new furniture!
Layaway Questions and Answers:
Q: Is layaway just for showroom customers?
A: No! Our layaway program can be used by both in-store and online customers. Please keep in mind that shipping charges are not included in our prices. See our shipping page if you need a quote.
Q: How much of a deposit do I need to make for my initial down payment?
A: An initial down payment of 20% of your purchase is required.
Q: How long can I layaway my purchase?
A: Our lay-away contracts are for 8,12,16 and 24 weeks.
Q: When do I make my layaway payment?
A: Payments are to be made bi-weekly
Q: Are there any service charges?
A: No! We never charge any extra fees to layaway our furniture!
Q: Can I cancel my layaway?
A: Yes! You can cancel a layaway purchase and use the funds you have already applied to be used as a store credit toward different furniture. A canceled layaway is subject to a $25 service and cancellation fee. No cash refunds will be given on cancelled layaways.
Q: What if I miss a layaway payment?
A: You will have a fourteen (14) day grace period after your payment due date before your layaway contract is cancelled and your furniture is returned to stock. If this happens the payments you have already paid will be made available for you to use as a store credit only. A $25 cancellation and service fee will be deducted from the total. No cash refunds are given on cancelled layaways.
Q: What if my product is out-of-stock when I complete my layaway?
A: You may wait for your product to come back into stock. We will notify you if we receive word that your product has been discontinued. If you do not wish to wait for the product, you may cancel your lay-away and apply the funds added to your layaway purchase towards another product. Cancellations due to a product being out-of-stock are not subject to the cancellation fee. However, refunds will be issued only as store credit to be applied towards another purchase.