Big Lots markets its lease-to-own financing program as a no-credit-check option for individuals that may not qualify for other financing types. This financing program is available at most Big Lots locations that sell furniture.
Big Lots offers two credit options with financing provided through Progressive Leasing. Applicant approval and credit limits depend on the applicant's employment and income. Qualified purchases have 12-month finance contracts with a 90-day payment option and early buy-out discounts available after 90 days. If the customer pays for the purchase in full within 90 days, there is a 10 percent finance charge but no interest. Customers can complete an online application to pre-qualify for the program.