Rent to Own Electronics No Credit Check No Down Payment in 2020

Most of the time, we’re faced with the abundant options of great electronic products. From a brand new computer to the latest edition washer-dryer, there’s so many you can choose from. Unfortunately, saving money is not always the most practical solution. If only there is a way to get your hands on those products with no time wasted… yes! There is one way. There are 7 ways you can try! These 7 rent to own electronics no credit check no down payment is your answer. With one of these 7 solutions, you can have the product you’ve always wanted without spending a single dime at the front! Without further ado, let’s take a look at your options.

Can I own electronics without paying down payment?

Yes! While most electronic credit providers apply a credit check to all customers, online loan providers don’t. Besides, the process is easy and relatively quick. All you have to do is download the app and request the loan immediately! Then, you can use the loan to but any electronics you want.

Here we have 7 apps that are highly rated on the mobile app stores. They have gained a lot of trust from many users. And you can be next. But before you jump in and click on the “Install” button on your phone, consider which one suits you the best. Each app has its pros and cons. Think about your preferences, needs, and also your financial capacity. Once everything is checked, you can get the loan and shot for your next electronics in no time!

Even though these apps do not specialize in electronic credit, you still can get the money you need to buy anything, including electronics. In a way, these apps are a great alternative to rent to own electronics no credit check no down payment. What those rents can do, these apps can do. Better yet, you may also have some money left after purchasing the electronics. Isn’t that a win-win solution? Let’s take a look at your options!


Is the payday still too far away? Need quick cash for your daily needs? Earnin application can help you. Earnin, formerly known as Activehours, was established in 2012 by Ram Palaniappan. The headquarters is in Palo Alto, California, United States. Earnin application provides an alternative solution for those who don’t want to pay double the initial cost.

Why should you choose Earnin?

With this application, users no longer have to worry about credit checks and down payments. The initial withdrawal limit through the application is 100 USD per day. If the user makes payments promptly, the withdrawal limit can increase to 500 USD per day. That is more than enough to buy any electronics you want.

rent to own electronics no credit check no down payment

The users of this application are given the option to provide a tip of up to 14 USD per transaction. This tip can be paid for by the user voluntarily. It’s not even a must! Even so, there are features that can be accessed only when the user gives a tip. One of them is the Balance Shield. The balance shield feature protects users from overdraft fees. This is done by automatically depositing 100 USD when the balance is under 100 USD. If the user does not give a tip, this feature would be accessible only once.

What you need to know about Earnin before you rent to own electronics no credit check no down payment

Some people are facilitated by the Earnin application to borrow money. However, not everyone can use the Earnin application. Freelance workers and workers who work in different locations (or remote workers) are among the exclusion. Also, several banks have not yet work with the Earnin application. And at the moment, it can only be accessed from the United States. If you happen to live in the US, you can benefit from this rent to own electronics no credit check no downpayment!


Mark Cuban is an American businessman who has a net worth of 4.3 billion. He is ranked 179th in the 400th richest businessman in America, according to Forbes 400. And he is among 400 richest Americans investing in Dave application. The reason Mark invested in the application was that he had an unpleasant experience. In his 20s, Mark had to pay overdraft fees from loans he had. Hence, Mark invested in Dave application so that young people in America don’t have to experience the same thing as he did.

Jason Wilk, founder, and CEO of Dave told Business Insider about the story behind its name. Dave was chosen by Jason Wilk because he wants it to be seen as a friend. People who use this application can rely on it when they are experiencing financial problems.

Why should you choose Dave?

Dave application has already won the hearts of the American public. This is proven with good reviews on Google Play. Google Play has rated the app 4.7 out of 5 stars. Many of the reviews rate how easy it is to register and connect it to a bank account. When using this application, users will not be charged any interest in taking loans. And most importantly, with Dave, you won’t have to go through the credit checking process or pay any down payment. Indeed, Dave lets you rent to own electronics no credit check no down payment!

Similar to Earnin, Dave features a tip option for users without any obligation. When your account balance in the Dave app gets low, it means you don’t have enough money in your account to pay the due bill. When this happens, you will receive a notification. Then, you can choose to request a cash advance to help you avoid overdrawing from your account.

What you need to know about Dave before you rent to own electronics no credit check no down payment

The drawback of Dave app is that it costs 1 USD per month just to use the app. This cost is deducted from the bank account each time the users receive a certain incoming transfer. But this will not be charged if purchases in certain businesses have been made. Aside from charging 1 USD per month, the loan limit from Dave app cannot be more than 100 USD.


Brigit application is a platform that allows you to overcome your financial problems when payday is still far away. This application is relatively recent in the world of digital money lending. It was founded in 2017 and now it’s operating in the United States. Brigit is also supported by a professional team of financial experts from several well-known companies. These include Amazon, Deutsche Bank, Credit Suisse, Expedia, Palantir, and Two Stigma.

The founder of Brigit himself upholds 3 principles in designing Brigit. They are justice, transparency, and simplicity. The first principle promotes fairness when getting the loan back from people who need it. Transparency is something that everyone needs when it comes to financing. With transparency, everyone can figure out what is going on with their finances. Are they in a stable financial condition or do they have financial problems? In this matter, Brigit application claims that there are no hidden costs within the application. Last but not least, simplicity helps make everything easier. And with this principle, Brigit application is designed for easier access and less stress.

Why should you choose Brigit?

Among all electronic loan applications, only Brigit users can extend the loan period up to 3 times. This gives users more freedom to pay back. Many of these apps try to get advantages from users through overdraft fees. But Brigit application lets you predict whether or not you will get overdraft fees. Brigit will analyze your expenses and send notifications if you are at risk of getting overdraft fees. With this, such disadvantages will not happen to you. Lastly, Brigit does not apply a credit check and late payment fees. Through the Brigit application, you can borrow up to 250 USD. This should be enough to cover some of your favorite electronic products.

What you need to know about Brigit before you rent to own electronics no credit check no down payment

Similar to other applications, Brigit has a few disadvantages. If you have problems accessing the app or are experiencing difficulties during the loan process, you can only contact the customer service staff via email. And you will only receive a response after two business days or so. Please keep in mind that enrolled users will be charged a monthly fee of 9.99 USD as a membership fee. The fee is still charged every month even if you have no ongoing loan for that month.


Do you work on an hourly wage? Is your income irregular? Do you need extra quick funds quickly but the payday is nowhere to be seen? Is saving for new electronics, not an option? We may have the answer for you.

Many other loan applications make exceptions to employees who are paid by the hour. However, the Branch application is willing to help them with a loan. Branch application focuses on hourly-paid employees who need financial help regarding their health.
Matt Flannery returned to the startup world by establishing Branch in San Francisco, United States. Matt is also on the list of Top 40 under 40 by Fortune magazine. Branch application has also expanded to several countries by establishing offices in India, Kenya, Tanzania, Nigeria, and Mexico. Since offices in Tanzania and Kenya first opened, Branch has served more than 1 million loans.

Why should you choose Branch?

The absence of a credit check on the Branch application helps the users a lot. The branch application offers loans from 150 USD to 500 USD. Unlike some other electronic loan applications, Branch does not charge a membership fee for its users. You can also disburse loans quickly with a fee of 3.99 USD for any amount less than 75 USD, and 4.99 USD for more. Besides, you can choose a standard loan without additional costs and receive a loan for 3 days.
You can download and access the Branch app in any city in the United States. Positive reviews from app users add value to Branch in terms of customer service. Customer service staffs are easily available via the mobile app. Just click on the Customer Care option and they will serve you quickly and responsively.

What you need to know about Branch rent to own electronics no credit check no down payment

On Branch, the loan amount is relatively low per payment period. Besides, all users are required to have a debit card from a bank that works with the Branch app itself. Everyone who wants to request a loan must download the app beforehand. Only through the app, they can withdraw the fund. Similar to Earnin, the benefits of Branch applications are limited. It’s for everyone but remote workers.

Money Lion

It all started in New York. In 2013, Diwakar Choubey or better known as Dee Choubey was willing to leave his job. He was a senior on Wall Street, yet he chose to establish Money Lion as a digital application for money lending. Dee Choubey is also assisted by a team that is competent in their fields. Namely technology and finance. Money Lion facilitates users for personal loans even just to save money. The company has four offices where three are located in the United States. Find their headquarters in Salt Lake City, San Francisco, and Manhattan and their representative office in Kuala Lumpur, Malaysia.

Why should you choose Money Lion?

Money Lion application is good for investors and savers who are familiar with the technology. However, even those who don’t can still easily access the app. Money Lion is great for those who are looking for a fast loan cycle.

In the Money Lion application, not only users can request loans but also invest and save money. Users can also borrow money with a limit of 500 USD. That is more than the other rent to own electronics no credit check no down payment we mentioned earlier. Users do not need to worry about not being approved, because Money Lion does not apply a credit check. You still can request a loan even if you have bad credit.

What you need to know about Money Lion rent to own electronics no credit check no down payment

Several requirements must be considered before using the Money Lion application. You should be located in countries where it operates. You should also be over eighteen years old and has a stable income.
Your first status after registering on the Money Lion app is as a guest. If you want to get additional features you have to pay a membership fee of 19.99 USD every month. Also, some customers left unpleasant reviews on the well-known review site, TrustPilot. Money Lion only gets 4 stars out of 5. Users criticize the slow response of the customer service on the Money Lion application. But hey, we’re for a rent to own electronics no credit check no down payment, right? And Money Lion can support you with that.

Cashnet USA

The holding company named Enova International is leading various financial technology businesses including Cashnet USA. Cashnet USA is one of the electronic loan applications that have gone worldwide in the world of electronic loans. Cashnet USA was established in 2003 and is still standing tall among other competitors. Their headquarters is in Chicago, Illinois.

Why should you choose Cashnet USA?

What is Cashnet USA’s key to success? The loan process of Cashnet USA application is very easy and fast. It only needs 5 minutes to process. If your loan is approved, it will be released the same day you applied or the next day at the latest. Cashnet USA application works closely with merchants to attract users by giving discounts. As a user of Cashnet USA, you can borrow money from 100 USD to 1,500 USD. And there is no check credit on this application. If you have previously tried to borrow from a bank but were rejected, fret not! Just download this app and get the money you need for any electronics you want.

What you need to know about Cashnet USA rent to own electronics no credit check no down payment

Before choosing Cashnet USA, you must pay attention to its area coverage. This application is only available in 28 cities in the United States. High-interest rates can also be a problem. Some users also complain about how the terms in the Cashnet USA application can be confusing. To avoid surprise fees, all users of loan applications should understand all the provisions that apply.


It’s an American Neobank Technology Company that provides financial services through the application. This app can be accessed on Android and iOS, without any overdraft fees and other bank maintenance fees. Chime was formed in 2013 in San Francisco, United States by Chris Britt as CEO and Ryan King as CTO.

Chime application has received positive reviews both on iOS (4.7 stars out of 5) and on Android Play Store (4.6 stars out of 5). Apart from lending funds in the Chime app, users can use a payment feature called Pay Friends. With this feature, you can transfer money to friends and family using the Chime application.

Why should you choose Chime?

Chime is your solution when you need a loan but don’t want to be charged a monthly membership fee. Besides, you don’t need any initial funds just to open an account on the Chime app. Chime offers two choices for saving. This feature can help users to save emergency funds for certain purposes. Chime applications can be accessed from 38,000 ATMs spread across the United States. Chime application users can borrow up to 100 USD. That is good enough to get you the electronics you want.

What you need to know about Chime rent to own electronics no credit check no down payment

If you’re planning to open a joint account in the Chime application, we have bad news. Chime app does not provide services for merging accounts. Depositing money on the Chime application is also a challenge for its users. Chime application provides its online bank account. The only way you can make a deposit is by going to places that accept green dot. These include 7-Eleven, Kmart, Kroger, Family Dollar, and others. Also, you will be charged an additional fee of 4.95 USD.


After reading about the 7 options above, now you get the idea of getting loan money through an online application. The process is mostly easy. They don’t apply credit check and you don’t have to pay any down payment. However, there’s a tradeoff. All of these conveniences come with a cost. Sometimes the cost comes in a form of higher interest, compared to most banks loan interest. Some apps also charge monthly membership fees that unlock new features you can use to help your financial arrangements.

Choosing a rent to own electronics no credit check no down payment is easy. But the hardest part is paying the loan back. So before you get all excited and max out your loan limit, consider your financial capacity. Will you be able to pay the installment as scheduled? Can you spare the exact amount of money to pay them back? Keep in mind that even though these are just online apps, they do have offices and representatives to perform their business.

That being said, these loan apps are still a great alternative to electronic credit providers. Better yet, once your loan is approved, you can not only buy the electronics you want but perhaps have a little extra money on the side. This way, you can get a brand new TV and throw a small party for your friends to check out the new addition! No need to wait any longer. Browse through the apps and pick the one that works best for you.

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