Furniture Financing

If you need new furniture, you can expect to pay thousands of dollars for it. But what if you don’t have enough cash? That’s where furniture financing comes in.

By financing your furniture, you’ll be able to repay your purchase over time. Here’s how furniture financing works, its benefits, and what some furniture financing options look like.

How does furniture financing work?

Furniture financing can allow you to buy a new couch, table, bed, or other piece of furniture without paying for it all at once. If you go this route, you can repay your purchase over time instead of having to pay the full price upfront.

Fortunately, there are multiple furniture financing options at your disposal.

Can I finance my furniture with bad credit?

You don’t need a good credit score to finance your furniture. There are plenty of furniture financing options with less strict credit score requirements. Personal loans from Advance America, for instance, are available to borrowers with poor or fair credit.

Can I get furniture financing with no credit check?

It may be tough to find furniture financing options with no credit check. Luckily, many lenders consider borrowers with all types of credit scores and will approve you based on additional factors like your employment history and income.

Benefits of furniture financing

The most noteworthy benefits of financing your furniture include:

Getting your furniture right away

If you finance your furniture, you can receive it immediately instead of having to wait weeks or months to enjoy it. As long as you sign on the dotted line and agree to the financing offer, the furniture company will ship you your purchase or give it to you right away.

You may not need good credit

Contrary to popular belief, furniture financing doesn’t require good credit. Even if you have a fair or bad credit score, you may still get approved. Many furniture financing solutions have lenient requirements.

How to finance your furniture

So, how can you finance your furniture? Here are some options you may want to consider.

Personal loan

With a personal loan, you receive a lump sum of money to cover the cost of your furniture. Then, you pay the loan back with interest via fixed monthly payments over an agreed-upon term.

Credit card

A credit card can allow you to spend as much or as little as you’d like up to your approved credit limit. Once you put your furniture purchase on it, you’ll need to make at least the minimum monthly payment every month. With this furniture financing option, if you don’t pay your credit card balance in full, you’ll be on the hook for interest charges.

In-store financing

Many furniture stores offer in-store financing options for their customers. Although each store has its own unique terms and conditions, many will approve your application regardless of your credit. Some furniture stores offer credit cards, payment plans, or both.


With a layaway plan, your furniture stays in the store while you make payments over time. You’ll likely have to make a down payment, which will be based on the total cost of your furniture. Then, you’ll repay your purchase via small payments every week, two weeks, or month. You can pick up your furniture once you’ve paid it off in full plus any extra fees.

Should I finance my furniture?

To decide whether you should finance your furniture, consider your financial situation and needs. If you’re short on funds to pay for the new furniture you need, furniture financing may be the right option for you. Those who want the ability to pay for their furniture over time instead of all at once can also consider furniture financing options.

Which furniture financing option is right for me?

Compare your options to decide which furniture financing option is right for you. For borrowers who need funding as soon as the same day they apply, a personal loan may be the right choice. If you already have a credit card, this can be an easy financing option. If the store you’re buying furniture from has great in-store financing options, then you may want to go this route. And for those who don’t need the furniture right away, consider getting a layaway plan.

Advance America can help you finance your furniture

Advance America is a great option for furniture financing. Our emergency loans like payday loans and installment loans can help you buy the furniture you need without having to pay the full price right away. Best of all, you don’t need good credit to get approved for our loans.

Fill out an application in-store or online from the comfort of home and you may get an instant decision. Apply today!

The Advance America advantage

Since 1997, Advance America has helped millions of hardworking people with a variety of financial solutions including Payday Loans, Online Loans, Installment Loans, Title Loans and Personal Lines of Credit.
157+ million
loans issued
800+ stores
and online loans
25+ years
providing loans