Rent-to-Own Computers

The increasingly popular choice of rent-to-own computers gives consumers more options than ever before. This option can help make leasing the products you love more realistic, even with less-than-stellar credit history. Learn the answers to these important questions about getting rent-to-own computers below:

What are Rent-To-Own Computers?
How Does Rent-To-Own Work for Computers?
What Kinds of Computers Can You Rent-To-Own?
Who Offers Rent-To-Own Computers?
FAQs About Rent-To-Own Computers

What are Rent-To-Own Computers?

Computers are increasingly necessary for professional and personal success, so it’s no wonder that people are willing to put down a large deposit on them. Rent-to-own options do not have a down payment but may have comparable initial payments or processing fees. Rent-to-own computers mean getting access to a computer through a rental contract that, if approved, will allow you to pay as you go instead of making full payment upfront. When you rent to own a computer, it can help you get access to a good computer at a price you can afford.

woman on video call on laptop in coffee shop

How Does Rent-To-Own Work for Computers?

Rent-to-own computer agreements could be a great option for consumers who have a less-than-stellar credit history but still need access to household products to help support living or working habits.

Unlike traditional purchasing models such as in-store credit, the rent-to-own computers agreement is not a loan, and interest does not accrue. Please note that although the rent-to-own model does not include interest, there are generally comparable leasing fees included. Without an excellent credit score, it can be daunting to qualify for the in-store credit option. If you aren’t eligible for traditional financing, a rent-to-own computer may be a good option for you to consider.

Suppose you want to get a computer but have bad credit and potentially a low chance of qualifying for a loan. In this case, you may consider applying for a rent-to-own computer agreement.

American First Finance is a payment solutions company available to consumers with less-than-perfect credit histories. With American First Finance, if you would like to own the electronics you lease, you generally have three options. Here’s a look:

Early Buyout Option (EBO) – save on rental fees by paying off your rent-to-own agreement in full early, often within 90 or 101 days, and own the item earlier.
Early Purchase Option (EPO) – pay off your rent-to-own agreement after the EBO but before the end of your agreement term.
Full payment option – pay for the item for the entire term of your rent-to-own agreement.

man looking closely at desktop computer in office

Popularity of Rent-To-Own Computers

Computers can be leased through rent-to-own agreements, which are available to consumers with less-than-stellar credit histories. These consumers can get quality computers through rent-to-own agreements if approved. Rent-to-own agreements gained popularity in the late 1960s. Today, rent-to-own remains a viable option for consumers with less-than-perfect credit history.

What Kind of Computers Can You Rent-To-Own?

You can rent-to-own computers at a number of stores. American First Finance partners with thousands of merchants, so our customers have access to a wide variety of great products.

Type of Computer	Average Price^†	Link
Personal Computer	$300 – $2,000	Find a Store*
Laptops	$600 – $700	Find a Store*
Tablets	$200 – $400	Find a Store*
Desktops	$400 – $3,000	Find a Store*
Servers	$1,000 – $2,500	Find a Store*

^†The transaction advertised is a lease, lease-to-own or rent-to-own program, or rental-purchase agreement. Instead of paying interest, you will pay rental fees on top of the retail price.

**Please Note: Payment solutions vary based on the merchant and will be indicated at the beginning of the application process. Be sure to confirm that the merchant you select offers the lease, loan, or alternative payment solution you intend to apply for.

Laptops

Laptops have become a necessity for most professions. With the increasing popularity of the work-from-home model, laptops have become essential for remote work. They are lightweight and easy to transport, making them an excellent choice for students, professionals, and frequent travelers. There are many different types of laptops, including:

Notebooks – These laptops strike a balance between functionality and portability. They vary significantly in overall size and feature different specifications regarding storage capacity, processor speed, memory (RAM), and screen size.
Convertibles – Also called “2-in-1” or “hybrid” laptops, convertibles combine the features of both a tablet and a laptop. You can easily switch between traditional and touchscreen keyboard modes. Most feature the fold-back method, but there are few models that have detachable screens.

Personal Computers

A personal computer refers to a general-purpose computer with sizes, capabilities, and prices that make them ideal for individual use. They are distinct from business, industrial, and other special-purpose computers. Since they offer practicality and functionality, they are popular for home and small office use.

Desktop Computers

Desktops are generally larger than laptops. The traditional tower design houses the CPU and other components, such as storage drives, cards, memory, and power supply. Because of their limited mobility, desktop computers are best for stationary use at home or in an office environment. A gaming PC is an excellent choice for video game enthusiasts or those who like to customize their computer hardware since you can easily upgrade their internal components.

Apply for a Rent-To-Own Computer Near You

It may be challenging for consumers with bad credit history to acquire loans at competitive rates today. Bad credit refers to a history of not meeting monthly payments, making frequent late payments, and having a credit score below 580.

Consumers with bad credit may find it challenging to make large purchases that require a credit card or financing. As a result, it can be difficult acquiring everyday electronics like computers, and consumers may be forced to buy second-hand products or low-quality and substandard electronics. Rent-to-own agreements provide an affordable leasing solution as another option for consumers who want to get quality computer brands without making a full cash price payment upfront. Rent-to-own agreements usually require an initial payment or processing fee.

American First Finance is a payment solutions company available to consumers with less-than-perfect credit histories. You can apply for rent-to-own computer options right here on our website. Your credit will be checked, but we consider more than just your credit score.

To apply, find a store near you and click “Apply” to begin our short online application^*.

Rent-To-Own Computers in Summary

Rent-to-own computers are accessible through a flexible rental option with affordable payments for approved American First Finance customers. This rental-purchase option allows approved consumers to get the computer they need while managing renewable rental payments.

Apply for Rent-to-Own Computers Online

American First Finance partners with many merchants across the U.S., giving you options when applying for lease-to-own computers.

You can apply for a rent-to-own option on our website for ease and convenience. Simply use our merchant tool to find a store near you^* and fill out the application form online. The application process takes only minutes.

Rent-To-Own Computers FAQs

If you haven’t used rent-to-own stores before, you must have many questions. In this section, we have covered some of the ones most customers ask.

Q: What Does Rent-To-Own Mean?

A: Rent-to-own is a flexible payment option that enables consumers with bad credit to obtain the perfect products without having to invest a significant amount of money up-front. Those who have low credit scores or have recently emerged from bankruptcy may be able to benefit from this program.

Q: What Credit Score Qualifies a Borrower for a Rent-To-Own Agreement?

A: Credit score isn’t generally the only consideration during a lease-to-own application. If you apply with American First Finance, your credit will be checked, although bad credit won’t necessarily lead to a denial.

Q: Where’s the Best Place to Rent-To-Own Computers?

A: Where you can use your payment solution to lease to own a computer will depend on the company you choose to sign a contract with. American First Finance has hundreds of partner locations throughout the US for our customers to choose from. If you’d like to apply on our site for a store within our network, start by finding a store near you*. Complete our easy application for a decision in as little as minutes.**

†Subject to approval and standard underwriting criteria. Approval is possible without a credit score, but credit will be checked. The transaction advertised is a lease, lease-to-own or rent-to-own program, or rental-purchase agreement, which is different from a loan or credit card. For example, instead of paying interest, you will pay rental fees on top of the retail price. You will become the owner of the merchandise only after you pay the Total Cost of Ownership. The lessee will not own the property until the total amount necessary to acquire ownership is paid either by payment of the total of payments over the full term of the agreement or by prepayment as provided for by law. Other fees may apply, such as late fees, non-sufficient funds fees, delivery fees, and optional Liability Damage Waiver fees. The earlier in your lease that you pay the Total Cost of Ownership, the more you can save on rental fees, and the lower your Total Cost of Ownership will be. Acquiring ownership by leasing costs more than the retailer’s cash price. Leasing available at participating locations where permitted by law. Terms and conditions subject to change at any time without prior disclosure or notice.

**Decisions and funding may take additional time and not be same-day, including if more information is needed to complete the application.

Q: How Can I Apply for Rent-To-Own Computers?

A: You can apply for rent-to-own computers right here on our website. Your credit will be checked, but having bad credit doesn’t automatically mean you’ll be denied. First, select your preferred store near you,* then apply online in minutes.

Q: Where Can I Shop for Rent-To-Own Computers?

If you’d like to apply on our site for a store within our network, start by finding a store near you*. Complete our easy application for a decision in as little as minutes.**