Sears offers lease-to-own program
By The Associated Press
Published: Friday, May 10, 2013, 12:01 a.m.
Sears Holdings Corp. is offering a program at its namesake department stores that will allow financially strapped shoppers unable to quality for credit to lease electronics, home appliances, furniture and mattresses.
The program, which was tested in September in 10 stores, is being rolled out to all 900 stores beginning this week. Sears is starting the program with leasing service WhyNotLeaseIt.
To qualify for the program, a candidate must be 18 years old, earn a minimum of $1,000 a month and have a Social Security or tax identification number when applying. Customers make the first lease payment at the stores.
The Hoffman Estates, Ill.-based retailer, which also operates Kmart, is trying to turn itself around after years of weak sales.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Wages have soared in Pittsburgh, but economy appears to have stalled
- Consol Energy transitions as leadership changes hands
- Emboldened by Italy move, QVC to expand into France
- PPG shareholders vote against proposals; sales, profit see double-digit increases
- Wal-Mart rolls out money transfer service
- Former BP employee settles insider-trading charges
- Region’s largest bank PNC posts 7% rise in 1Q profit
- Facebook feature lets users locate nearby pals
- Target expands subscription service tenfold
- Secret Service close to understanding Target data breach
- Fed Beige Book survey: Growth picks up across most of U.S. but not in Pittsburgh region