Does Walmart Accept Progressive Leasing?

If you’re looking to buy something at Walmart, but you don’t have enough cash or a credit card to make the purchase, you might be wondering whether Walmart accepts Progressive Leasing.

1. What is Progressive Leasing?

Progressive Leasing is a lease-to-own program that allows you to make purchases at select retailers and pay for them over time.

The program is designed for people who may not have enough money to buy what they need upfront or have poor credit and cannot qualify for traditional financing options.

2. How Does Progressive Leasing Work?

With Progressive Leasing, you can lease items and make payments over 12, 18, or 24 months. The lease term and payment amount are determined based on the price of the item and your payment frequency. After you make all your payments, you own the item.

3. Requirements for Progressive Leasing

To qualify for Progressive Leasing, you must meet the following requirements:

  • Be 18 years or older
  • Have a valid Social Security number or tax ID
  • Have a routing and account number for an active checking account
  • Have a credit or debit card

4. What Can You Buy with Progressive Leasing at Walmart?

You can use Progressive Leasing to buy a wide range of items at Walmart, including furniture, electronics, appliances, and more. The total amount of your purchase must be between $150 and $2,000.

5. How to Apply for Progressive Leasing at Walmart

To apply for Progressive Leasing at Walmart, follow these steps:

  1. Choose the items you want to buy and add them to your cart.
  2. At checkout, select “Progressive Leasing” as your payment option.
  3. Follow the prompts to complete the lease application, which includes providing your personal and financial information.
  4. Once your application is approved, sign the lease agreement and complete your purchase.

6. Walmart’s Other Payment Options

If you don’t want to use Progressive Leasing, Walmart offers other payment options, including cash, credit cards, debit cards, and Walmart gift cards.

Additionally, Walmart has its own financing program called the Walmart Credit Card, which allows you to make purchases and pay for them over time.

7. Pros and Cons of Progressive Leasing

Like any payment option, Progressive Leasing has its pros and cons. Some benefits of using Progressive Leasing include:

  • No credit needed
  • Quick and easy application process
  • Option to own the item after the lease term

However, there are also some drawbacks to consider, such as:

  • High interest rates and fees
  • Limited availability at select retailers
  • Risk of late fees and damage charges

8. Tips for Using Progressive Leasing

If you decide to use Progressive Leasing to make a purchase at Walmart, here are some tips to keep in mind:

  • Make sure you can afford the monthly payments and the total cost of the item, including interest and fees.
  • Read the lease agreement carefully to understand your rights and responsibilities as a lessee.
  • Make payments on time to avoid late fees and damage charges.
  • Consider the interest rate and fees before committing to the lease, and compare them to other payment options.
  • Take good care of the item to avoid damage charges at the end of the lease term.


Can I use Progressive Leasing for online purchases at Walmart?

Yes, you can use Progressive Leasing for online purchases at Walmart.

Can I use Progressive Leasing to buy groceries at Walmart?

No, Progressive Leasing is only available for certain categories of items at Walmart, such as electronics, furniture, and appliances.

What is the interest rate for Progressive Leasing?

The interest rate for Progressive Leasing varies depending on the lease term, the total cost of the item, and other factors. It can range from 10% to 300% APR.

Can I pay off my lease early with Progressive Leasing?

Yes, you can pay off your lease early with Progressive Leasing, and there is no penalty for doing so.

What happens if I can’t make my payments with Progressive Leasing?

If you can’t make your payments with Progressive Leasing, you may be subject to late fees, damage charges, or repossession of the item. It’s important to make payments on time and communicate with Progressive Leasing if you’re having trouble.

9. Conclusion

In conclusion, Walmart does accept Progressive Leasing as a payment option for a variety of items. Progressive Leasing can be a good option for people who don’t have enough money upfront or have poor credit, but it’s important to understand the requirements, pros and cons, and tips for using it effectively. If you’re considering using Progressive Leasing at Walmart, make sure you can afford the payments and understand the terms of the lease agreement.

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