Big Lots promotes its lease-to-own finance product as a no-credit-check alternative for individuals who may not qualify for other types of borrowing. This financing option is offered at the majority of Big Lots sites that sell furniture.
Progressive Leasing provides financing for two credit choices available at Big Lots. Credit acceptance and restrictions are contingent upon the applicant’s work and income. After 90 days, early buy-out discounts are available for purchases covered by 12-month financing contracts with a 90-day payment option and a 90-day payment option. If payment is made in full within 90 days, there is a 10 percent financing charge but no interest. To prequalify for the programme, customers can fill out an online application.