Big Lots has a number of ways to pay for your purchase.

Lindsay has more than 5 years of experience in the personal finance space.Credit cards, debt management, travel, shopping, and consumer advocacy topics are covered by her.

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Big Lots sells a wide range of household goods, from mattresses to computer accessories.The store has a lease-to-own program.There are other ways to get furniture financing.

The Big Lots Lease-to-Own Program is a type of furniture financing offered by Progressive Leasing.You can pay for furniture over time.When you've paid for the purchase in full over a set period of time, you own it, because payments are automatically withdrawn from your bank account each month.

There is a financing option available at Big Lots.There are items that qualify for Progressive Leasing.

If you want to own the item you lease, you must make 12 months of payments or choose the early purchase option.The typical lease agreement lasts 12 months, but it may be offered with a longer term.

The product can be purchased in full at any time.The least expensive option lasts three months in California and includes a small markup from the original price.You can still purchase the item for less than the cost of your remaining lease payments if you don't get enough cash to buy the product.

Monthly payments are dependent on the price of the item and the number of months stated in the agreement.

The Big Lots financing option requires no credit history to apply, but the company does perform a soft credit check with the three major credit bureaus.It is a viable option for bad credit furniture financing.

At some stores, progressive lease is available.Click here to find a store.You can apply on the Big Lots website.You must be eligible to do so.

Paying cash is the cheapest option when it comes to furniture financing.If you pay a premium above the sticker price, you won't pay interest.Rent-to-own furniture can seem more financially manageable because the payments are broken down into smaller amounts, but it will end up costing you more over time.

If you put aside money each month, you don't need a furniture payment plan.Saving money for furniture can be difficult.

A personal loan is an alternative to consider if you don't have enough money to cover the entire purchase.Personal loans come with fixed interest rates and are repaid over a period of time.Depending on the lender, borrowing limits can be as high as $1,000.

Unsecured personal loans can be secured.A secured loan is backed by your car, so it could offer more favorable terms.If you fall behind on your payments, the lender doesn't have to seize your assets.

If you apply for an Unsecured personal loan, your credit will be taken into account.

The better your credit score, the more personal loan options you have.There were stark differences in interest rates based on creditworthiness.The average best rate for borrowers with excellent credit was less than a tenth of a percent.

You will need to demonstrate your ability to repay the loan.They may ask about it.

A secured personal loan is the best option if you have bad credit.OneMain Financial and Upgrade offer secured personal loans.Since this type of loan is less risky for the lender, it is easier to obtain for bad credit furniture financing.

A personal line of credit is a revolving credit line that allows you to borrow money when you need it and pay it back with interest.You will only pay interest on the money you use.If you need to finance multiple large purchases for your new home, this could be a good option.

Good credit is typically required for a personal line of credit.You might be able to get a home equity line of credit if you have equity in your home.The lines of credit have lower interest rates because they are secured.