Thinking about getting a new phone at Cricket Wireless but worried about the upfront cost or your credit score? Progressive Leasing offers a lease-to-own option that might seem appealing. However, before you jump in, it’s crucial to understand exactly what you’re signing up for.
This review provides a detailed look at Progressive Leasing through Cricket Wireless, covering everything from how it works and its credit implications to customer reviews and potential alternatives. We aim to provide a balanced perspective to help you make an informed decision.
What is Progressive Leasing at Cricket Wireless?
Progressive Leasing provides a lease-to-own program that allows Cricket Wireless customers to acquire a phone or other device without traditional credit. Instead of a credit check, Progressive Leasing assesses your eligibility based on factors like income and banking history. If approved, you’ll make regular payments over a predetermined lease term, after which you can own the device.
How Does Progressive Leasing Work with Cricket Wireless?
The process is straightforward. First, you choose a phone or accessory at Cricket Wireless. Then, at checkout, you select Progressive Leasing as your payment method. You’ll fill out an application, and Progressive Leasing will quickly determine your eligibility. If approved, you’ll pay an initial payment and begin making regular lease payments. According to Cricket Wireless, to use Progressive Leasing, head to checkout and select ‘Use my Progressive Leasing Phone Payment Plans‘.
What are the Requirements for Progressive Leasing at Cricket?
Progressive Leasing has specific requirements for approval. While they don’t focus on your credit score, they do consider other factors. Generally, you’ll need to have a source of income, an active bank account, and be 18 years or older. Progressive Leasing’s website states that you need a social security number or ITIN, and a government-issued photo ID.
The Credit Implications of Progressive Leasing
One of the biggest draws of Progressive Leasing is that it doesn’t require traditional credit. While Progressive Leasing doesn’t report to the major credit bureaus, failure to make payments can be sent to collections, which can negatively impact your credit score. Therefore, while it’s advertised as “no credit needed,” responsible payment behavior is still essential.
Customer Reviews and Complaints About Progressive Leasing with Cricket Wireless
It’s essential to consider what other customers are saying about their experiences with Progressive Leasing. Reviews are mixed. Some customers appreciate the opportunity to obtain a phone when they otherwise couldn’t. However, others report issues with high overall costs, confusing terms, and difficulty with customer service. These complaints highlight the importance of carefully reading the lease agreement before committing.
Alternatives to Progressive Leasing for Cricket Wireless
Before committing to Progressive Leasing, explore alternative financing options. Several options are available. These options may offer lower overall costs or more flexible terms.
Credit Cards: If you have a credit card with a low interest rate, this might be a more affordable option.
Personal Loans: Some lenders offer personal loans for smaller amounts, which could be used to purchase a phone.
Cricket Wireless Payment Plans: Check if Cricket Wireless offers its own payment plans directly, potentially with better terms.
Can I return a phone leased through Progressive Leasing at Cricket?
Returning a phone leased through Progressive Leasing can be complex. The ability to return the phone and cancel the lease depends on the specific terms outlined in your lease agreement. It’s crucial to review this document carefully. Contact both Cricket Wireless and Progressive Leasing directly to understand your options and any associated fees or penalties for early termination.
How do I find my Progressive Leasing lease ID for Cricket Wireless?
Your Progressive Leasing lease ID is essential for managing your account and making payments. You can typically find your lease ID in a few places: check your email confirmation from Progressive Leasing when you were approved. It should also be on any monthly statements you receive. If you can’t locate it, contact Progressive Leasing’s customer service for assistance.
Conclusion: Is Progressive Leasing Right for You?
Progressive Leasing offers a way to get a phone from Cricket Wireless without a traditional credit check. The high overall cost and potential for negative credit implications if payments are missed are significant drawbacks. Carefully weigh your options and read the fine print before making a decision. Consider whether other payment methods, such as credit cards or personal loans, might be a better fit for your financial situation.
Frequently Asked Questions
Q: What is Progressive Leasing at Cricket Wireless?
A: Progressive Leasing offers a lease-to-own program at Cricket Wireless that allows you to acquire a phone or other device without a traditional credit check. Instead, they assess your eligibility based on factors like income and banking history. If approved, you’ll make regular payments over a predetermined lease term, after which you can own the device.
Q: How does Progressive Leasing work with Cricket Wireless?
A: To use Progressive Leasing at Cricket Wireless, first choose a phone or accessory. At checkout, select Progressive Leasing as your payment method. You’ll fill out an application, and Progressive Leasing will quickly determine your eligibility. If approved, you’ll pay an initial payment and begin making regular lease payments. According to Cricket Wireless, head to checkout and select ‘Use my Progressive Leasing Phone Payment Plan’.
Q: What are the requirements for Progressive Leasing at Cricket?
A: Progressive Leasing requirements at Cricket Wireless typically include having a source of income, an active bank account, and being 18 years or older. You’ll also need a social security number or ITIN, and a government-issued photo ID.
Q: Can I return a phone leased through Progressive Leasing at Cricket?
A: Returning a phone leased through Progressive Leasing at Cricket Wireless can be complex. The ability to return the phone and cancel the lease depends on the specific terms outlined in your lease agreement. Review this document carefully and contact both Cricket Wireless and Progressive Leasing directly to understand your options and any associated fees or penalties for early termination.
Q: How do I find my Progressive Leasing lease ID for Cricket Wireless?
A: Your Progressive Leasing lease ID is essential for managing your account and making payments. You can typically find it in your email confirmation from Progressive Leasing when you were approved, or on any monthly statements you receive. If you can’t locate it, contact Progressive Leasing’s customer service for assistance.
Q: Does Progressive Leasing at Cricket Wireless affect my credit score?
A: While Progressive Leasing doesn’t require traditional credit, failure to make payments can be sent to collections, which can negatively impact your credit score. Therefore, responsible payment behavior is still essential.
Q: What are the customer reviews like for Progressive Leasing at Cricket Wireless?
A: Customer reviews of Progressive Leasing at Cricket Wireless are mixed. Some appreciate the opportunity to obtain a phone when they otherwise couldn’t. However, others report issues with high overall costs, confusing terms, and difficulty with customer service. Reading the lease agreement carefully is crucial.
Q: What are some alternatives to Progressive Leasing for financing a phone at Cricket Wireless?
A: Alternatives to Progressive Leasing at Cricket Wireless include using a credit card with a low interest rate, obtaining a personal loan, or checking if Cricket Wireless offers its own payment plans directly. These options may offer lower overall costs or more flexible terms.
Q: Does Progressive Leasing at Cricket Wireless require a credit check?
A: Progressive Leasing doesn’t typically perform a hard credit check. They consider factors like income and banking history instead.
Q: Is Progressive Leasing at Cricket Wireless expensive?
A: The total cost of leasing a phone through Progressive Leasing at Cricket Wireless is generally higher than purchasing it outright due to interest and fees. Carefully consider the overall cost before committing.
Q: What information do I need to apply for Progressive Leasing at Cricket Wireless?
A: To apply for Progressive Leasing at Cricket Wireless, you’ll need to provide information such as your income, banking details, social security number or ITIN, and a government-issued photo ID.
Q: What happens if my Progressive Leasing application is denied at Cricket Wireless?
A: If your Progressive Leasing application is denied, you can explore alternative financing options such as credit cards, personal loans, or Cricket Wireless’s own payment plans. You can also try to improve your approval chances by ensuring you meet all the requirements and providing accurate information.
Q: How long is a Progressive Leasing agreement at Cricket Wireless?
A: The length of a Progressive Leasing agreement at Cricket Wireless varies, but it’s typically around 12 months. Review your lease agreement for the exact term.
Q: Why is it important to make on-time payments with Progressive Leasing at Cricket Wireless?
A: Making on-time payments with Progressive Leasing is crucial to avoid late fees and potential collection actions. While it doesn’t directly build your credit, negative payment behavior can harm your credit score.
Q: What should I do if I can’t make a Progressive Leasing payment at Cricket Wireless?
A: If you have trouble making payments with Progressive Leasing at Cricket Wireless, contact Progressive Leasing’s customer service as soon as possible to discuss potential options. Ignoring the issue can lead to negative consequences, including collection actions.
Q: What exactly does ‘lease-to-own’ mean with Progressive Leasing at Cricket Wireless?
A: Progressive Leasing is a lease-to-own program that allows you to acquire a phone or other device from Cricket Wireless by making regular payments over a set period. After fulfilling the lease terms, you own the device.
Q: What factors does Progressive Leasing consider when approving an application at Cricket Wireless?
A: Progressive Leasing assesses eligibility based on factors such as income, banking history, and employment. They also require a social security number or ITIN, and a government-issued photo ID.
Q: How can I contact Progressive Leasing customer support regarding my Cricket Wireless lease?
A: Contact Progressive Leasing customer support. Their contact information can usually be found on the Progressive Leasing website or your lease agreement.
Q: Why is it important to read the Progressive Leasing agreement carefully before leasing a phone at Cricket Wireless?
A: It’s essential to read the lease agreement carefully before committing to Progressive Leasing to fully understand the terms, fees, and conditions of the agreement. This helps avoid surprises and ensures you’re making an informed decision.
Q: Are there any promotions or special offers available with Progressive Leasing at Cricket Wireless?
A: Some Cricket Wireless stores may offer promotions with Progressive Leasing. Check with your local store or visit the Cricket Wireless website for any current deals.
Q: Does Progressive Leasing offer early buyout options at Cricket Wireless?
A: Early buyout options with Progressive Leasing allow you to purchase the leased phone before the end of the lease term. This can potentially save you money on interest and fees, but you’ll need to review the specific terms of your lease agreement.
Q: Where can I find the terms and conditions of my Progressive Leasing agreement with Cricket Wireless?
A: Check your email confirmation from Progressive Leasing or your monthly statements. If you still can’t find the information, contact Progressive Leasing’s customer service for help.
Q: Are there any additional fees associated with Progressive Leasing at Cricket Wireless, such as late payment fees?
A: Yes, there might be fees associated with late payments or other circumstances. Review the lease agreement to understand these potential fees.
Q: How can I manage my Progressive Leasing account after getting a phone through Cricket Wireless?
A: You can manage your Progressive Leasing account online through their website or mobile app. This allows you to make payments, view your lease details, and update your account information.
Q: Does Progressive Leasing at Cricket Wireless require automatic payments?
A: Progressive Leasing may require you to set up automatic payments as part of the lease agreement. This ensures timely payments and helps avoid late fees.
Q: What is the return policy for phones leased through Progressive Leasing at Cricket Wireless if I change my mind?
A: Review your lease agreement or contact Progressive Leasing customer service for details on the specific return policy for phones leased through Cricket Wireless.
Q: Do I need insurance on a phone leased through Progressive Leasing at Cricket Wireless?
A: Check the terms of the Progressive Leasing agreement to see if insurance is included or if you need to obtain it separately. It is recommended to get insurance.
Q: If I have bad credit, can I still get approved for Progressive Leasing at Cricket Wireless?
A: Progressive Leasing typically focuses on income and banking history, not credit score. However, negative payment behavior like collections can affect credit.
Q: Can I pay off my Progressive Leasing agreement early at Cricket Wireless?
A: Yes, you can pay off your Progressive Leasing agreement early. Check your agreement for any early payoff fees.
Q: How much is the down payment for Progressive Leasing at Cricket Wireless?
A: The down payment amount will be specified by Progressive Leasing. The amount can vary.
