Financing Furniture with Bad Credit

Financing furniture with bad credit is finally possible for more people in today’s market.

Consumers with bad credit have more financing options than ever before when it comes to furniture. Having financing options at your disposal makes furnishing your home with the items you love even more realistic and fun – even if you have less than-perfect credit.

In this complete guide, you’ll learn about these essential topics about bad credit furniture financing:

  • What Exactly Is Bad Credit Furniture Financing?
  • Does “No Credit Check” Mean the Same as “No Credit Needed”?
  • Where is Furniture Financing for Bad Credit Available?
  • Who Can Get Furniture Financing and How Do I Apply?
  • FAQs About Bad Credit Furniture Financing


What is Bad Credit Furniture Financing?

Bad credit furniture financing is simple to understand.

Essentially, it means consumers with less-than-perfect credit can get financing to make purchasing furniture more attainable. In the past, without great credit, consumers would have a hard time affording furniture and wouldn’t be able to fill their homes with the items they love but, more importantly – want!

Living Room Set

Bad credit furniture financing provides options or financial tools to make it possible. In most cases, you can get affordable and reasonable financing terms with a manageable repayment schedule so you can afford to buy furniture now – and you don’t have to pay for it in full upfront.

Some stores may offer a layaway option but oftentimes require an initial down payment of 20-30% to establish a line of credit. Depending on the amount of store financing you choose to receive, you usually have options to select different payment plans that fit your needs.

No Credit Check vs. No Credit Needed

People often confuse the terms no credit check and no credit needed. You may be a good candidate for both options if you have bad credit, but no credit needed financing means credit approval may be possible without a credit score, but that credit history may be looked at. Here’s a clear explanation that differentiates between the two:

  • No Credit Check is when someone’s credit will not be pulled in the process of finding lending for a new appliance.
  • No Credit Needed refers to the fact that your credit score may be checked, but there are other factors that are part of the approval requirements.

You might be wondering: Is a lease the same as a loan?

Leases & loans are quite different – here’s what you need to know:

  • A loan (or personal loan) is generally a lump sum of funds provided on the recipient’s behalf that is paid back over time (and, like most loans, includes interest.)
  • A lease (or rent-to-own option) allows the recipient to possess the leased item for a pre-determined period of time and includes the option to purchase the item outright. It does not include interest but has leasing fees.

What Kind of Furniture Can Be Financed With Bad Credit?

It takes a lot of furniture to make a house feel like a home. Thankfully almost all furniture options are available for financing. Here’s a look at some of the more common pieces of furniture that are financed.


Available Furniture Items

Most people finance furniture for the main rooms in their homes, including the kitchen, bedrooms, and family room.

Type of Furniture: Kitchen Table

Average Price**: $800

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Type of Furniture: Couches

Average Price**: $650

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Type of Furniture: Chairs

Average Price**: $250

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Type of Furniture: Beds

Average Price**: $750

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Type of Furniture: Bedroom Sets

Average Price**: $1,750

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Kitchen Table

Where are you going to eat if you don’t have a kitchen table? While this might seem funny, it is true – there will be times when you need a larger kitchen table. With so many using their kitchen table for things other than just eating, like working from home, students doing their homework, and so on, it is vital to have a reliable table.

With kitchen tables, you get what you pay for in quality, and since most tables might extend our budget some, financing is a smart move so you can lock down a kitchen table!

mother and daughter making pasta on kitchen table


Your home’s couch is the focal point of your living room, and it happens to be where you will sit the most. The goal behind purchasing couches or sofas is to follow the C-Q-P model: comfortability, quality, and price.

Those three factors will ultimately guide you on your quest to purchase a new couch, and even in instances of bad credit, you can still find quality couches and sofas and get financing!

living room couch in cream and brown with sofa table


Purchasing new chairs for your home can mean buying chairs to relax on, chairs for decoration, or chairs to sit in when you eat/work from home. While there is certainly no shortage of types of chairs or brands, there are chair-buying tips consider:

  1. Do the chairs match your home/style/and other pieces of furniture?
  2. How many chairs do you need?
  3. Should you finance them or not?

Answering these questions will help you with acquiring new chairs.

display of wood and cloth chairs in store

Bed Frames

Some people don’t like to skimp on new bed frames. While a “cheaper” price may seem appealing, a good night’s sleep is invaluable. Beds, and more specifically mattresses, need to fit your preferences to ensure you have a sturdy and reliable bed.

Keep in mind that a bed should be easy to move if you’re someone who plans on moving in the future! These factors, combined with the right payment solution, should allow you to find the right fit for your needs.

modern bedroom with white comforter and furniture

Bedroom Sets

A brand-new bedroom set is often one of the longest-kept pieces of furniture people buy. Most people will keep the same bedroom set for well over ten years, which is why it is wise to view it as a long-term investment.

Thinking logically, you sleep on your bed, use the nightstand all the time, and a solid dresser will house your clothes. It’s helpful if these necessary items are reliable.


light brown wood bedroom set with white and yellow accents

Popularity of Financing Furniture

All the buzzwords, such as inflation and cost of living, remind us that life is getting more expensive

And furniture financing is becoming more commonplace than ever – as it is estimated that 2 in 5 homeowners have financed furniture in their homes. Why? In most cases, draining your savings to buy a piece of quality furniture or a new bedroom set just puts people too close to the line. However, flexible finance options and affordable periodic payments make financing or paying as you go a more viable option for most families.

Bad Credit Furniture Financing in Summary

In summary, now you know it can be possible to acquire furniture with financing, even with bad credit. While the process might be different than some traditional forms of financing, if you follow this article, you should have a better understanding of some options in the market.

Regardless, make sure you don’t let your bad credit prevent you from financing the new furniture you desire for your home!

home theater with big flat screen tv and sectional couch

Financing Furniture With Bad Credit FAQs

Please refer to our frequently asked questions section below to help you with any questions you may have as it relates to furniture financing with poor credit.


Q: What Qualifies as “Bad Credit” Financing?

A: Bad credit financing refers to providing a consumer with payment options or financing even with a poor credit score. Payment solution providers often use alternative methods to determine approvals based on their own qualifications.


Q: What Credit Score Is Required to Get Financing?

A: In some cases, lenders want a potential borrower to have a credit score of at least 671 or higher, according to Bankrate. Any credit score under 670 is considered fair, and below 580 is poor, but each payment solution provider can determine their terms of approval.


Q: Where’s the Best Place to Finance Furniture?

A: To finance new furniture, consumers with bad credit have multiple options to consider, including credit cards, pay-as-you-go plans, in-house financing, and alternative payment solutions. The best option is based on your individual needs.


Q: How Can I Finance Furniture With Bad Credit?

A: You can apply for furniture financing right here on our website in minutes. Not everyone will be approved, but having bad credit doesn’t automatically mean you’ll be denied. Your credit may be checked, but having a less-than-perfect credit history doesn’t necessarily disqualify you. To begin, select your preferred furniture store near you.*


Q: Where Can I Use My Furniture Financing if Approved?

A: Where you can use your financing to purchase furniture will depend on the company you choose to sign a contract with. Always be sure to gather all the helpful information you need before agreeing to a contract.