Must be at least 18 years old
Minimum monthly income
Valid Social Security or Taxpayer Identification Number
Make the first payment and set up ongoing payments
Valid email address
Valid checking account or credit/debit card
*This is a lease transaction. Qualifying merchandise of at least $199 is required to enter into a lease at Kmart. Excludes non-durable goods, footwear and apparel items. Must be at least 18 years old. Income requirements apply. Minimum 5-month lease agreement. Lease requires consumer to make first payment at lease signing, plus 19 weekly (offered online only), 9 bi-weekly, or 4 monthly lease payments. At the end of the minimum term, leasing customer can: (1) continue to lease by making payments in the same amount and on the same payment schedule; (2) exercise a purchase option per the terms of the lease agreement (not available in NJ, VT, WI & WV); or (3) return leased items to WhyNotLeaseIt®. No security deposit required. TEMPOE, LLC dba WhyNotLeaseIt® is an independent service provider [of the LEASE IT program] and not an affiliate or licensee of Sears®, Kmart®, Shop Your Way® or any other Sears Holdings Corporation or its affiliates. **Pay 5%, 8% or 10% over cash price minus any additional money down, if applicable.
Leasing transactions at Kmart go through the company WhyNotLeaseIt®. They’re an independent service provider. Transactions with WhyNotLeaseIt® are secure, confidential and compliant with all federal consumer leasing laws.
The standard term is 5 months. There’s also the option to buy your items early—as soon as 30 days after the beginning of the lease.
Early Purchase gives you the option to buy your leased items without having to wait until the end of the 5-month lease term. You can buy your leased items as soon as 30, 60 or 90 days from the beginning of the lease. Doing so will also save you money in the long run (compared to buying the item after 5 months. See the table above or the leasing calculator).
If you decide not to buy your leased items within the 90-day Early Purchase option, you’ll simply continue to lease as usual for the full 5-month leasing term. Then, you’ll have the option to buy, continue to lease or return the items to WhyNotLeaseIt®.
You can contact WhyNotLeaseIt® with all questions about your lease. Their customer service department is available 7 days a week. They can be reached by phone at 1-855-965-4669 and by email at email@example.com. You can also access information about your lease online at the customer service center.
No; payments are made to WhyNotLeaseIt®. Your payments will be auto-deducted from the account that you listed as preferred on your application. Payments will process on the dates listed on your lease payment schedule.
You can purchase your leased items from WhyNotLeaseIt®. Once the purchase is complete, WhyNotLeaseIt® will send you proof of ownership.
It depends on how soon you buy it. Buying after 30 days will add 5% of the lease value to the final cost; buying at 60 days adds 8%; buying at 90 days adds 10%.
For example, if you buy a $1,000 item after leasing it for 90 days, you’ll pay a total of $1,100 for the item. ($1,000 plus 10%).
If your 5-month term has ended and you don’t want to buy the item or lease it again, you can return the item to WhyNotLeaseIt®. They can be reached by phone at 1-855-965-4669 and by email at firstname.lastname@example.org.
Apply online and lease merchandise from Kmart.
Most people live on a tight budget, which means money isn't always available at their fingertips. Kmart has revolutionized the “rent-to-own” idea with a new leasing program. The program allows you to lease almost everything including consumer electronics, large appliances, furniture and basic accessories. Kmart also offers members owning options that are simple, easy and affordable. With the Early Purchase Option, members have the opportunity to purchase leased items within 30, 60 or 90 days from the origination of the lease agreement; earlier than the traditional 5 month Kmart leasing program to reduce the overall cost of owning your leased items. Simply apply online, get approved, and then take your approval code into your local Kmart store to select items you're interested in leasing. A friendly Kmart associate will then help you shop your way by compiling an inventory of everything you need.
Applying online for a lease is easy, and you'll gain immediate access to a full range of merchandise upon approval. Unlike credit programs, getting approved for Kmart’s leasing program is fast and easy; you don't need to stress about your low credit score because credit isn't required for approval. To qualify, you must be at least 18 years old with a valid Social Security or Individual Taxpayer ID Number and meet the minimum monthly income. With leasing, all you need to do is make your first payment in-store, and you can take your items home with you the very same day. Get approved in seconds and enjoy conveniently low payments and a flexible payment plan.
Shop smarter by taking advantage of Kmart’s new leasing program, and get rewarded for the merchandise you lease with Shop Your Way points.