Lease-to-own, or rent-to-own, lets you take home the items you want now without a big upfront payment or a long-term commitment. With a loan or credit card, you borrow money and repay it, often with interest. Lease-to-own is another way to purchase an item without paying for it all at once. Lease-to-own is a lease with scheduled, renewing payments that lead to ownership. With Progressive Leasing, we buy the item from the retailer and lease it to you. After you complete your scheduled lease payments, or use an early purchase option, you own the items. Keep in mind, ownership by lease-to-own does cost more than the retailer's cash price.^

Possibly. “No credit needed” means you do not need a credit history or a strong credit score to be approved. Progressive Leasing does check credit bureau reports, but we also look at other information, such as income and banking history, and we regularly approve customers with less-than-perfect credit or very little credit history. Each applicant is reviewed individually, and not all applicants are approved.*

Applying for a lease-to-own agreement with Progressive Leasing should not impact your FICO score but your score is determined by the credit bureaus and not Progressive Leasing. As part of the application process, we do look at credit bureau reports.*

Most physical products for personal, family, or household use may be eligible, including furniture, mattresses, appliances, electronics, mobile devices, jewelry, musical instruments, and tires. Services, subscriptions, consumable items, vehicles, items permanently attached to a home or vehicle, and certain restricted items generally cannot be leased. Select items only. See leasable items for more information. 

You can use Progressive Leasing at participating retailers online, in store, or in the Progressive Leasing app, depending on the retailer. Retailers include Amazon, Best Buy, Lowe’s, Walmart, Wayfair, Mattress Firm, Home Depot, and Apple. Browse the full list or search by retailer or product on the Shop Retailers page. 

Choose a participating retailer, complete a quick application, and get a decision in seconds. To apply, you must be 18 or older, have a valid Social Security number or ITIN, a bank account and a valid payment card that are capable of supporting regularly scheduled lease payments. There is no cost to apply. If you are approved, you may shop, review and sign your lease, and make an initial payment. A lease approval is good for 90 days.

You may save on the total cost of leasing by exercising an early purchase option. The 90-day purchase option has the lowest total cost of ownership but the highest recurring payment. All early purchase options cost more than the retailer's cash price except the 3 month option in California. To exercise an early purchase option you must call customer service (877-898-1970) or access you online account after taking possession of your items. The standard agreement is 12-months to ownership.^

Payments to Progressive Leasing are set up to match your paydate. Your recurring payments start on your next scheduled payday after you receive your items (at least 10 days after delivery). Payments are deducted automatically from your bank account or charged to your card and appear as Progressive Leasing or Prog Lease. At any time you may change the frequency of your payments to weekly, bi-weekly, or monthly.

Call Progressive Leasing Customer Service at (877) 898-1970. Hours (Eastern): Monday through Friday, 8 a.m. to 7 p.m.; Saturday, 10 a.m. to 6 p.m.; Sunday, 10 a.m. to 6 p.m. For self-service, use the Progressive Leasing mobile app. More ways to reach us are on the Contact Us page.

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