acima credit

Founded in 2013, Acima is a financial technology company that offers a lease-to-own (LTO) platform, enabling consumers, particularly those with poor or no credit history, to obtain merchandise from retailers. The company's service allows customers to lease items like furniture, electronics, and appliances with flexible payment schedules and an option to purchase the item. In 2021, Acima was acquired by Rent-A-Center, Inc. (which has since rebranded as Upbound Group, Inc.), a major player in the LTO industry. Acima operates as a brand of Snap Finance Holdings, LLC, another Upbound subsidiary, and continues its mission to provide accessible financing alternatives to traditional credit.