Yes, Ashley Furniture does perform a credit check on customers as part of their application process for financing and payment programs.
When considering financing options at Ashley Furniture, it's important to understand that a credit review is a standard part of the process. This applies even to programs that might be advertised with terms such as "No Credit Needed."
Understanding Ashley Furniture's Credit and Financing Process
While some programs may seem to bypass traditional credit requirements, they still involve a credit check to assess eligibility. Here's a breakdown:
- Credit Check for Applications: For any financial application, including those offered through the Ashley Advantage Program, a credit check is performed on customers. This is a standard procedure to evaluate a customer's financial standing and determine their suitability for various financing solutions.
- "No Credit Needed" Programs: Despite the phrase "No Credit Needed," this does not mean a credit check is entirely avoided. These programs are typically structured as lease-to-own products. This means you are essentially leasing the furniture with an option to purchase it later.
- Lease-to-Own Specifics: Under a lease-to-own agreement, you do not immediately own the leased items. Ownership is transferred only after you have made all scheduled payments or have prepaid the lease in full, in accordance with the terms of the agreement. The credit assessment for these programs helps determine the feasibility of the lease agreement.
For comprehensive details on financing options and the application process, you can explore the information available on the Ashley Advantage Program and Financing page.
