Get Financed!


How can I be approved for No Credit Check Financing?
Credit approvals are based on two factors:

1. You must be employed for at least 6 months with a gross income of $1,000 a month
2. You must have an open, active bank account established for at least 3 months with NO returned checks or NSF fees / Over Draft within the last 30 days.

What is the interest rate/payment?
Since this is a lease/purchase program- there is no interest rate. Lease payments are 15% of the invoice per month. Example: $1,000 invoice = $150/mo payment.

How long is the lease agreement?
All lease/purchase agreements are 12 months.

Are there any buyout options?

Progressive Finance offers early buyout options to customers who wish to own the merchandise outright before the 12 month term is up. There are two buyout options:
1. 90 Days same as cash-You pay only the invoice amount and a $40 processing fee within 90 days of the delivery date.
2. 65% buyout option-If you wish to own the merchandise outright after 90 days, you may purchase it at  65% of the balance left on your account. For example: After six months, you wish to purchase your bedding outright and the balance on your agreement is $500. The 65% buyout option will allow you to buy the merchandise for $325.

What is Minimum & Maximum Finance amount?

1. Minimum amount is $300
2. Maximum amount is $2000

What documents are needed for the approval process?
The following documents MAY be required for an approval:

1. Application (you can either download or apply on line).
2. Most recent paystub with Year to Date
3. Bank Statement from the last 30 days
4. Photo ID
5. Voided Personal Check
6. If Self Employed –Simply Provide the last Three months of bank statement
7. Other Types of Income – (Retirement / SS / VA / Long Term Disability) : Must Provide benefit letter  verifying income, the last 30 day bank statement, a voided check & photo ID.

How to process after submitted application?
You will receive one of following responses :

1. Approved – If approved, no further documentation is needed.
2. Pre-Qualified- You will be asked to provide specific documents verifying application by Audio City. (Bank statement, paystub, voided check or phot ID etc)
3. Pended- If you receive a “Pending”, you do not qualify for the program at this time, but may reapply when you meet their requirements or you can re-apply with co-signer
4. Denied – If you receive a “” Denied”, you do not qualify for the program at this time, but you can re-apply with co-signer.

Once you receive final approval,
You can give Express Tires USA a call at 209-460-0707 or Tire & Wheel Zone will contact to you help for your purchashing.