FlexShopper is an online marketplace that allows customers to lease-to-own products such as electronics, furniture, appliances, and gaming systems through weekly or monthly payments rather than paying the full price upfront.
The platform became popular among shoppers with limited credit because approvals are relatively easy.
However, many people who used to frequent FlexShopper are now looking for alternatives.
The platform filed for Chapter 11 bankruptcy in December last year while carrying significant debt and restructuring its business. This has raised concerns about its long-term stability and future operations.
In light of the same, it makes a lot of sense to look for more stable buy-now-pay-later services than to wait for FlexShopper to bounce back.
At the moment, there is no concrete news on what’s lies ahead for FlexShopper and its customers.
Nevertheless, let’s cut it short and explore some of the best alternatives you can try in place.
Best Sites Like FlexShopper
1. Katapult
If you need a larger credit line than what FlexShopper offered, consider Katapult. It gives you a spending limit of up to $3,500.
That allows you to buy more items or more expensive items, giving you more flexibility in your shopping.
Katapult allows you to purchase from a wide range of brands, including Lenovo, Motorola, America Best Appliances, and more. With flexible payment plans and no credit history required, Katapult is one of the best alternatives to FlexShopper.
While Katapult won’t perform a hard credit check when you apply, you will need to provide information such as your SSN, a valid credit or debit card, an address, etc. to qualify.
Furthermore, Katapult promises to never charge late fees.
Katapult also offers two shopping options: Online or in person. You can use the Store Locator to find retail stores near you working with Katapult or online ecommerce stores.
Applying for a lease-to-own contract with Katapult is a short and easy process. It will typically take a few minutes. You’ll just need to provide some basic personal and income information.
You’ll generally make a small initial payment when shopping on Katapult. However, the total lease term can extend for up to 18 months, which is around six months longer than the max lease term FlexShopper offered, allowing you to make smaller payments over a longer period.
Katapult has excellent ratings on TrustPilot so you know you can trust it.
Also Read: Best BNPL Clothes Stores
2. Progressive Leasing
Progressive Leasing is another fantastic option. It is the company that many of your favorite stores, like Overstock.com and Best Buy, use to power their lease-to-own programs.
Some famous stores and brands that work with Progressive Leasing include:
- Dell
- Best Buy
- Overstock.com
- Lowe’s
- Mattress Firm
- Cricket
- Kay
If you are a regular customer at any of those stores, Progressive Leasing is your go-to platform.
No established credit is needed, and you may still qualify with poor or bad credit. However, not everyone will qualify, as Progressive Leasing does take your financial situation into account.
Use the Find Store page to discover retail shopping options that integrate with Progressive Leasing near you. What sets Progressive Leasing apart is that you don’t typically submit an application directly to Progressive Leasing.
Instead, once you’ve found a store near you, you apply with them. So, you can apply at a Lowe’s store near you, or you can apply for a lease-to-own contract with Best Buy in person or online.
The initial spending limit can vary. Typically, the lease term lasts for up to 12 months, and there is an early purchase option available.
3. LeaseVille
LeaseVille offers a no-credit-needed rent-to-own program that allows you to quickly qualify for a spending limit of $3,500. That’s $1,000 more than what FlexShopper offered!
You can apply for a LeaseVille contract even if you have no credit or a bad credit score. Not everyone will qualify, though, as LeaseVille will look at your financial health, the standing of your bank accounts, your employment, and other factors to determine whether you can enter into a contract.
Applications are typically approved or denied instantly. However, some applications may require a manual review, in which case it should take no longer than one business day.
LeaseVille offers several rental options. While the typical lease agreement lasts for 12 months, you can also buy out early within the first 100 days to save money.
If you cash out within the first 100 days, you’ll pay the cash price only and save money.
After the first 100 days, you can still buy out early by paying 50% of your remaining balance. Otherwise, you will own the product once all payments have been completed (26 payments over the course of 12 months).
In-store pickup is available for some items. Using LeaseVille, you can purchase MacBooks and electronics from other famous brands and pay for them over time.
4. Preferred Lease/Acima
Preferred Lease, also known as Acima, offers a much higher credit line than what FlexShopper did. You get a spending limit of up to $4,000. The actual spending limit you will have access to will depend on your financial situation, and it can also be as low as $300.
According to Preferred Lease, it supports over 15,000 retailers, allowing you to buy furniture, electronics, tires, and a lot of other products.
You can use the store locator to find retail stores near you; you can apply for a lease agreement online, or you may be able to head to a store in person and apply there.
You can also check out the Online Marketplace to find online retailers to shop from. Right now, some participating ecommerce stores and online merchants include:
- Best Buy
- Nectar
- The Tire Dealer
- Bargain Furniture and Appliances
According to Acima’s FAQs page, it reports your lease activity to the credit bureaus and claims that it can help you improve your credit score.
Acima also now offers a more flexible way to pay Get the Acima mobile app and get a special LeasePay Mastercard to seamlessly pay for items in stores.
5. RTB Shopper
RTB Shopper offers a spending limit of up to $5,000, depending on your application, which is double the maximum spending limit that FlexShopper offered.
With over 10,000 products available, RTB Shopper is a first-class lease-to-own choice.
It works with Best Buy, which means that same-day pickup is typically available for most products, providing there is a Best Buy near you.
A credit history is not required to qualify for RTB Shopper, though you will need to provide an ID and other information.
Applying won’t affect your credit score, but making late payments might.
6. No Compromise Gaming
Are you looking to buy high-end gaming computers, but you don’t have the cash on hand to pay for an expensive gaming laptop right now? No Compromise Gaming is a solid alternative to FlexShopper for gamers.
A wide variety of gaming computers are available, and you can rent to own with flexible payment options. Available payment options include:
- Once per month
- Twice per month
- Once every two weeks
You don’t need credit to apply, but you do need a verifiable source of income. Typically, you’ll get notified of your approval within a few minutes.
No Compromise Gaming provides technical support throughout the lease agreement, and they’ll even provide repair services and pay for shipping if your computer gets damaged while you’re leasing from them. That applies even if the warranty is no longer active.
However, they won’t repair common damages like coffee spills.
No Compromise Gaming is in business for a decade, meaning it’s very trustworthy.
In addition to gaming laptops and computers, you can also buy headsets, keyboards, and other accessories for gaming computers.
Also, if you are an existing or previous leaser, and you have made 5 monthly payments or 10 bi-weekly payments on time, you are eligible for a spending limit increase.
Also Read: Best Cash Advance Apps Like Dave
7. Rent-A-Center
Rent-A-Center is a rent-to-buy company selling furniture, electronics, bikes, appliances, and more.
Using Rent-A-Center, you can get a spending limit of up to $5,000. Rent-A-Center won’t report your payments to the credit bureaus. Instead, if you can’t pay, you can return the item to release yourself from future payment obligations without hurting your credit score.
You don’t need a good credit score, but you do need a source of income.
Rent-A-Center now accepts PayPal and Venmo as valid payment methods for AutoPay. In addition, you can pay in store or even over the phone (a fee may apply to phone payments).
Finding a participating store near you is as easy as entering your zip code.
Another cool thing about RAC is that it allows you to pause payments and pick up where you left off later.
When you pause your payments, you will have to return the item until you can afford to resume payments again. You will then get the original item or a comparable item of a similar quality back.
There doesn’t seem to be a time limit on how long you can pause payments for, but RAC only keeps your payment history for two years, so you’ll need to provide proof of your previous payments after that. You will then continue with the lease agreement instead of starting all over again.
RAC also provides free same-day delivery. Its “Same as Cash” offer is also a lot longer, four or six months, depending on the product. After 4-6 months, you can still save money by doing an early buyout.
With the competitor price match guarantee, you can be sure that you’ll always get the best deal when using RAC.
8. Aaron’s
Aaron’s is an excellent choice if you want to buy furniture, home appliances, electronics, exercise equipment, laptops, and more.
It allows you to return an item in the middle of a lease agreement and then reinstate the lease agreement at a later time.
There is no time limit on when you can reinstate your agreement, and it is available for most products, excluding lawn equipment and a few other categories.
The SAC offer period varies but is generally 120 days.
Aaron’s network of stores offer free delivery, and service and repairs are included throughout the lease term.
The company is BBB accredited since 2012 and enjoys an A+ rating on the platform.
9. ColorTyme
ColorTyme is ideal for people who prefer a flexible rent-to-own approach to getting household essentials. It has been around for decades and operates through many local stores across the United States.
This gives customers the advantage of in-person service and support in addition to online browsing.
The platform offers a wide selection of products including furniture, appliances, electronics, and mattresses from well-known brands.
One of its strengths is the simple approval process, making it accessible for shoppers who may not qualify for traditional credit.
Payments are structured in manageable installments, and customers can typically pay off items early without penalties.
With its established reputation, product variety, and flexible payment structure, ColorTyme remains a dependable rent-to-own option for shoppers.
10. American First Finance
Founded in 2013, American First Finance is a technology-driven retail finance platform that helps consumers obtain products even if they don’t qualify for traditional credit.
It partners with thousands of retail stores nationwide, giving customers access to a wide range of items such as furniture, electronics, appliances, and mattresses.
The application process is quick and typically takes only minutes, making approvals fast and convenient. Shoppers don’t need a traditional credit scorewhich opens financing opportunities for people with limited or imperfect credit histories.
With flexible payment plans, early buyout options, and a large merchant network, American First Finance offers a convenient and accessible way to purchase essential household products over time.
Wrap Up
Finding the right platform can make a big difference when you want flexible ways to shop for furniture, electronics, appliances, or other everyday essentials.
The sites listed above offer similar rent-to-own or lease-to-own options, along with convenient payment plans and quick approval processes that make shopping more accessible.
Many of them also partner with major retailers and provide a wide selection of trusted brands. You can compare terms, product choices, and payment flexibility before making a choice.
