Q: What is Progressive?
Progressive Leasing offers you a lease to own payment option that is easy to qualify for with No credit needed
.Q: What do I need to qualify?
You will most likely be approved if you meet the following basic qualifications:
Q: What are the terms?
- 18 years of age or older
- A credit card/debit card
- A regular source of income such as a job, social Security, Alimony…
Checking account open for at least 3 months with no NSF in the last 30 days
There are three easy payment options. All Progressive contracts are written as a
12 month lease to own payment option.
An initial payment of $49 on a debit or credit card is due at contract signing. All remaining payments are withdrawn directly from your checking account in regular scheduled intervals.Q: What are my payment options?
Three payment options:Option #1 90 day Payment Option
. If the lease is paid in full within the first 90 days, you only pay the lease amount plus the initial payment of $49. To take advantage of this option you must contact Progressive Finance customer service to coordinate payments.Option #2 Early lease buyout
. After the initial 90 days, you can elect to pay off the remaining balance of your contract for 65% of the remaining balance.Option #3 Make your regular payments
weekly, bi-weekly or monthly for the full 12 months.
Q: How much will it cost me?
The following example is based on $1,000.00 purchase:
Weekly payments = $38.46/week
Bi-weekly payments = $76.92/ bi-weekly
Monthly payments = $166.66/monthlyQ: Is Progressive available in all 50 States?
Unfortunately Progressive is NOT available in the following States: New Jersey, Wisconsin, Vermont, Wyoming, and Minnesota.