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  • Buying Furniture With Bad Credit: Best Financing Options

Buying Furniture With Bad Credit: Best Financing Options

Written by Mike Pearson
Updated October 13, 2022

In A Nutshell

Bad credit can make it tough to finance a furniture purchase. If you’re willing to shop around, however, you can find reasonable financing deals from retailers, loan marketplaces, and credit card issuers so you can get the furniture you need. 

As a credit expert, I mainly help readers improve their credit scores, but I also talk to many people about financing purchases when they have bad credit.

When my readers’ finances are tight, it can be tough to find extra cash for a big purchase like furniture. While furniture isn’t a necessity like food or clothing, it’s impractical to go without it. 

So, I teamed up with a few of my readers to research the best furniture financing options for bad credit.

Fortunately, we discovered there are financing options available for those who don’t have the savings on hand to buy furniture with cash. Even if you have bad credit, there are a number of ways to get the furniture you need without breaking the bank. 

Here are the 13 best furniture financing options for bad credit.

#1. FlexShopper

The furniture financing option that my readers liked the best is FlexShopper.

FlexShopper is a rent-to-own company that operates entirely online. The site offers a wide variety of products, including furniture, electronics, and jewelry. 

Because FlexShopper doesn’t pull credit reports, even people with bad credit are likely to qualify for credit, which can be as high as $2,500.

To qualify for a rent-to-own agreement, you must earn at least $1,000 a month and have maintained an active bank account for at least 90 days. 

#2. Shop Factory Direct 

Shop Factory Direct is an authorized dealer for a number of furniture manufacturers. The company is exclusively online, which means you can’t visit a retail location to see or touch the furniture before you buy.

If you’re comfortable purchasing online, Shop Factory Direct offers two forms of financing. You can buy furniture through PayPal financing, or you can opt for a rent-to-own arrangement that gives you up to 12 months to pay off your furniture purchase.

While there is no credit check required to qualify for the rent-to-own arrangement, you must be able to prove steady employment for at least six months, along with a regular income of at least $1,000 a month. 

#3. Bob’s Discount Furniture

Bob’s Discount Furniture offers furniture both online and in-store, with options to finance purchases with a My Bob’s Card or a lease-to-own plan. If you choose the lease-to-own option, you can only get financing for furniture you buy at a brick-and-mortar Bob’s Discount Furniture location. 

bob's furniture

If you prefer to make your purchase online, you can choose from three different credit card options from Wells Fargo, Fortiva Retail Credit, or Vive Financial. The My Bob’s Card from Wells Fargo offers three financing tiers depending on how much you spend, including no-interest financing for certain purchases paid off within six or 12 months. 

#4. Ashley Furniture

Ashley Furniture is a well-known furniture store and manufacturer with both retail locations and a strong online presence. In business since 1997, the company has grown to become the top furniture store in the United States. 

ashley furniture

Ashley Furniture offers a range of financing options, including a store credit card through Synchrony, as well as a lease-to-own plan through Progressive Leasing. Qualified applicants can get financing for up to 72 months on in-store purchases and up to 60 months for online-only purchases. 

#5. Furniture Mart

Furniture Mart offers both online and in-store purchases. The brick-and-mortar locations are in Iowa, South Dakota, and Minnesota. 

furniture mart

Shoppers can choose from three types of financing: a credit card through Wells Fargo, lease-to-own with Progressive Leasing, or store layaway. The Furniture Mart credit card issued by Wells Fargo offers financing from six to 72 months. 

#6. Elgin Furniture

Elgin Furniture is a Cleveland-based furniture store that also sells furniture on its website. Customers have three different options for financing. 

elgin furniture

In-store financing is available for in-store purchases with 90-day interest-free financing with no minimum purchase. You can also finance your purchase through a store credit card issued by Synchrony Bank or Snap Finance.  

#7. Snap Finance

Snap Finance is a lease-to-own company that offers lease-purchase financing for a range of products, including furniture. One downside, however, is that Snap Finance is limited to retailers that participate in the Snap Finance network. 

snap finance

Qualified applicants can get up to $3,000 in credit, with repayment periods of up to 12 months to make your monthly payments. Snap Finance doesn’t check your credit, but you need to be at least 18 years old, have a steady income, and maintain an active checking account

While Snap Finance can help people with bad credit get the furniture they need, it’s important to remember that rent-to-own financing is typically very expensive. According to some online reviewers, financing a purchase through Snap Finance ended up costing them two times the retail price of the item. 

#8. New Lots Furniture

New Lots Furniture is another furniture retailer with a brick-and-mortar location as well as an online store that serves customers around the country. According to its website, it has a 95 percent approval rate for customer financing. 

new lots furniture

While New Lots Furniture offers a good range of credit options, a major drawback is that it only processes credit applications in its Brooklyn, New York store. If you’re local to the area, however, you can apply for credit with a minimum $300 purchase with no credit check. 

#9. Luther Sales

Luther Sales offers bad credit financing on furniture and other items for up to 36 months. If you have extremely poor credit, you may be able to get financing with a down payment. 


To qualify for financing, you must be able to prove you’ve been continuously employed for a minimum of three months. Instead of a credit limit, Luther Sales limits financing to items purchased for “one room” at a time.  

#10. Bob Mills Furniture

Bob Mills Furniture has brick-and-mortar locations in Texas and Oklahoma, along with an online store. Customers have a number of financing options, including a store credit card, no-credit financing through Westcreek, and lease-to-own agreements through Progressive Leasing.

If you qualify, you can choose from three different Bob Mills Furniture credit cards. Customers with higher credit scores may qualify for the Bob Bills Furniture Credit Card which is issued by TD Bank and offers 60 months of financing at 8.99% APR with a minimum $500 purchase. 

#11. Conn’s HomePlus

Conn’s HomePlus is a furniture and home goods retailer headquartered in Texas with brick-and-mortar stores mostly located in the South and Southwest. Customers can choose from three main financing options: store credit cards, a retail installment contract, or rent-to-own leasing through Progressive Leasing. 


Conn’s refers to its installment financing as its YES MONEY® program. With this type of financing, you finance a specific amount up front rather than getting a line of credit on a store credit card. 

#12. Winner Furniture

Winner Furniture is based in Louisville, Kentucky, with store locations throughout Kentucky and Southern Indiana. Customers can choose from a variety of financing options, including credit cards, lease-to-own, and in-house financing for customers with bad credit or no credit.

Customers can apply for all financing options with a single application, and Winner Furniture will match them with available plans. 

#13. Aaron’s

Aaron’s offers something known as a “lease-to-own” option, where you can make payments back in plans of 12-24 months. Another benefit of Aaron’s is that they don’t have any minimum credit requirements. They also have a decent-sized selection of well-known brand products.


If you have bad credit and need furniture, you don’t have to limit your financing options to retail stores.

Here are nine other ways to get credit for upcoming furniture purchases, including personal loans and credit cards. 

#1. MoneyMutual

MoneyMutual is a loan aggregator or marketplace that matches borrowers with lenders. Borrowers with bad credit are welcome to apply for a loan, and many of the lenders in the network are willing to work with people who have less-than-perfect credit. 

One possible drawback is that you can only borrow up to $2,500, which can make things difficult if you need to buy a lot of furniture. To qualify, borrowers must be at least 18 years old, make at least $800 a month, and maintain an active checking account.  

#2. is a loan marketplace with lenders that offer everything from short-term loans to personal loans to peer-to-peer loans. Some of the lenders in the network are tribal lenders, which means they aren’t restricted by interest limits like non-tribal lenders in some states. 

Borrowers can get between $500 and $10,000, depending on their qualifications. You have to be at least 18 years old, earn at least $1,000 in income, be a resident or U.S. citizen, have a checking account, and prove you have been employed for the last 90 days. 

#3. BillsHappen

BillsHappen is another loan marketplace that connects borrowers with a network of lenders. You don’t need perfect credit to apply, but you’re likely to get a better deal on interest if you have a decent credit profile. 

Borrowers can get up to $5,000, and repayment terms vary by lender. There is no cost to apply, however, individual lenders may have their own unique requirements. 

#4. is an online loan aggregator, which means it matches borrowers with lenders rather than funding any loans on its own. 

Borrowers can apply for financing from $100 to $1,000, which is a lower amount than many of the other lenders on this list. is owned by tribal lender Hawk, LLC, which means it’s not subject to statutory caps on interest like some non-tribal lenders. 

#5. Total Visa Card

The Total Visa Card is an unsecured credit card that offers an initial credit limit of $300. This might not be enough to buy furniture for a whole room, but it can help in a pinch if your budget is limited and you need something critical like a mattress. 

However, it’s important to be aware of the fees associated with this card. In addition to the $89 “program fee” you’ll pay to open your account, you must also pay a $75 annual fee the first year and $48 annually thereafter.

The Total Visa Card also has a $6.25 monthly maintenance fee that kicks in after the first year. The interest for the card is 34.99%, which is among the highest for any credit card. 

#6. Surge Mastercard

The Surge Mastercard, which is issued by Continental Finance, offers an initial credit limit between $300 and $750 and reports to the three major credit bureaus. If you pay your bill on time, you may be eligible for a higher credit limit after six months.

However, the Surge Mastercard comes with a lot of fees, including an annual fee that ranges from $75 to $99, as well as a monthly fee that can go as high as $10 monthly. The variable interest rate is 29.99%. 

#7. First Access Visa Card

The First Access Visa is issued by the Bank of Missouri, which offers a number of credit cards to people with bad credit. While this is an unsecured credit card with no security deposit required, the card also comes with a one-time $95 new account fee, a $6.25 monthly maintenance fee after the first year, and an annual fee that is $75 the first year and $48 in subsequent years.  

#8. Credit One Bank Platinum Visa

The Credit One Bank Platinum Visa offers a rewards program, which is a rare perk for a credit card marketed toward people with bad credit. On the downside, the card’s annual fee can be as much as $99.

Approved applicants can receive an initial credit limit of $300. The card’s rewards program lets you earn 1% cash back on certain purchases.  

#9. Milestone Mastercard

The Milestone Mastercard also goes by the name Milestone Gold Mastercard. The card has a $75 annual fee the first year, which increases to $99 in subsequent years. The regular variable interest rate for this card is 24.90%. 

Remember with all of these credit card companies, they will have to perform a hard inquiry to pull your credit. And most of them also require checking accounts.

What to Know Before Committing to Furniture Financing

Furniture can be a big investment, which is why so many people need to finance it rather than paying cash. Before you shop, however, it’s important to keep the following information in mind.

  • Watch out for deferred interest on in-store financing – Many furniture stores offer in-store financing, which can be affordable and convenient. However, make sure you understand the terms, including when any no-interest financing periods expire. In most cases, stores will charge retroactive interest if you fail to pay your balance by the time the interest-free period ends. This means you’ll be charged all the interest on your entire purchase retroactive to the very beginning.
  • Store cards usually charge higher interest rates – If you want to put your furniture purchase on a credit card, it’s probably best to look for a non-store card first. This is because most retail stores charge higher interest rates compared to cards issued by banks.
  • Retailer cards are limited to a single store – While there are exceptions, many store cards limit purchases to the store, which means you can’t use them to buy items anywhere else.
  • Unlikely to earn rewards with a store card – If you open a store card to finance furniture, you’re unlikely to earn any rewards, as most retailer cards don’t offer rewards programs. However, it’s worth asking about any discounts or special deals, as some stores offer perks as a way of encouraging customers to sign up.
  • Rent-to-own financing is best avoided – Rent-to-own and lease-to-own financing is usually something that’s best avoided. This is because most stores that offer this form of financing mark up merchandise well above the true retail price, so you can end up paying double or more.
  • Explore alternative forms of financing – Before you sign up for a store card or credit card, or you borrow money from a bank or other type of lender, it’s worth looking for other forms of financing, such as a personal loan from a friend or relative. You can also consider raising money on your own by selling items you no longer need or picking up a temporary side gig if your schedule can accommodate it.  


Fortunately, bad credit doesn’t have to stop you from getting the furniture you need. Before you borrow, however, it’s important to read through all the terms so you can be confident you’re getting the best deal.

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Mike Pearson

Mike is a recognized credit expert and founder of Credit Takeoff. His credit advice has been featured in Investopedia,, Bankrate, Huffpost, The Simple Dollar, Reader's Digest, LendingTree, and Quickbooks. Read more.