Overstock lease?

[Hex]

https://www.overstock.com/leasing


I bet using this would hurt your score.

[Anonymous]

That's a reasonable bet.  It has the feel to me of what is called a Consumer Finance Account.  FICO penalizes people who have CFAs, even if they have a history of perfect payments with the CFA.

[Anonymous]

I remember Sears/Kmart started a lease it program several yeasr ago. And I thought to myself, yeah right...

Lots of people do it though. I migh have even considered it during the rough years. But Kmart has Lay A Way, so a lease would be stuppid decision. IMO