Bad Credit Furniture Financing


Finding bad credit furniture financing can be a frustrating and challenging task. If you don't want to ask friends or relatives for a loan, there are a few alternatives for getting bad credit furniture financing.

One alternative for bad credit furniture financing is a website at, which is a marketplace for credit that enables people to lend money to other people in a safe, efficient manner. Prosper's founding principle is that people from close communities act more responsibly towards each other. Prosper leverages this powerful concept of group responsibility and applies it to person-to-person lending—resulting in better interest rates for people that borrow and lend. Prosper enables people to create groups, which borrowers can join and request 3-year, fully amortized loans from $1000 to $25,000 with a credit score as low as 520.

Your second option for bad credit furniture financing is layaway. Some retailers offer this program in which you make a small deposit on the furniture you want and have 90 days to pay it off. This will enable you to lock in the price if the item is on sale with no interest charges, but you must pay the balance in full before you can pick the furniture up. Two large chain stores that offer this program is Sears and Kmart.

Your third option is to find and visit your local resale shop. These resale, second hand or consignment stores offer some great used furniture at very fair prices. You can find beautiful unique, antique and modern pieces that are in fair to great condition and was built with quality workmanship at a fraction of what they cost new. We all know that they don't make tables, china cabinets, dressers, desks and chairs out of quality wood like they use to, but instead use particle board covered with laminate. If they do use real cherry, oak or pine wood it comes at a hefty price.

Next, you can always rent to own furniture. This is where you pay weekly or biweekly payment installments on a item. Stores such as Aarons and Rent A Center offer these financing plans. Since it is rent to own, you may return the furniture anytime. However, if you decide you want to keep the furniture, just continue to make the installment payments until it is paid in full. The downside to this is that by the time you end up paying the payments off, you usually will have paid doubled for what it would have cost in a retail store or outlet.

Finally if your looking to purchase tables, lamps, dishes, small appliances or bedding and you have a check card, prepaid card, or major credit card then you may want to shop On-line at QVC or HSN. These two shop at home retailers have a program called flexpay where they will bill your Visa or MasterCard over three or more months. They usually don't check your credit, but this is always subject to change.

The above information on furniture financing was written in good faith, but we cannot guarantee accuracy or credit approval. If you feel the above information is inaccurate or know of any retail or outlet stores that offer bad credit furniture financing, please email us at