Toggle menu

Build Your Credit

No credit, new credit, previous bankruptcy or paid collections. Credit Builder is designed to help build your credit.

At Elgin, we value our customers - not just their credit scores! It's our mission to make it possible for everyone to purchase quality, log-lasting products for their home.That's why we do everything in our power to offer you financing for furniture and mattresses. We want to help your family enjoy all the things they want and deserve.

•    Elgin makes available various ways to purchase:
         - Retail Installment Contracts
         - Lease-To-Own Programs
         - Free Financing through Synchrony Bank
•    We can approve you when others say no*
•    It's fast and easy - you can get approved instantly*
•    We have been providing financing for 69 years
•    Online application only. Subject to credit approval.

Things we are doing to help you achieve your CREDIT SCORE GOALS:
•    We ensure your payments will never be late with our automatic withdrawal feature.
•    We report your on-time payments to TransUnion every month to build your credit score.
•    We will give you up to 18 months to pay and you can pay off early without a penalty (building a credit score takes time).
•    Credit Builder is an installment loan, so you will have greater variety on your credit report. Apply now
A retail installment contract allows you to borrow a specific amount and pay it back over a specified length of time. Instead of paying a large amount upfront, you can spread the cost of the item over a longer time period. The term of a retail installment contract can vary from a duration of months to years. Whether you've got good credit or bad credit, if you've been turned down other places we can approve you because we offer our own financing.For example, you could get a contract for $1500 instead of paying $1500 upfront.

With our lease-to-own program powered by SNAP, you can lease-to-own furniture and mattresses. This NO CREDIT NEEDED program gives consumers more options when it comes to making important purchases. With instant decisions, flexible payments, and a 100-day interest-free payment option, you can purchase the merchandise you want or need and take it home today.

We do offer free financing programs through our third party partner, Synchrony Bank. Depending on the amount of your purchase, it is possible to qualify for free financing for up to 36 months. You don't need to wait for a limited time offer, because this arrangement is available at Elgin Furniture year-around. We always attempt to get you the best financing offer and have found that many of our customers enjoy buying furniture and mattresses today and making a small monthly payment for three years without paying a penny in interest. Stop in and see if this plan is right for you.