Aaron's, a popular furniture and electronics retailer, has a reputation for making purchases accessible to a wide range of customers. They do run a credit check on applicants, but it's not the only factor that determines approval.
The credit check is usually done through a third-party service, which provides Aaron's with a credit score and report. This information helps them assess the applicant's creditworthiness and make an informed decision.
Aaron's also considers other factors, such as income, employment history, and rental history, when evaluating an application. They aim to approve as many customers as possible, which is why they have a relatively high approval rate.
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Does Aaron's Run a Credit Check?
Aaron's makes soft inquiries to credit bureaus when you apply for a new lease. You may see these inquiries if you request a copy of your credit report.
These soft inquiries are different from the type of credit checks that can affect your credit score. The good news is that soft inquiries don't impact your credit score.
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Aaron's does not report to credit bureaus, so your payments won't show up on your credit report. This means making your lease payments won't positively affect your credit score, but it also won't negatively impact it either.
You can rest assured that Aaron's won't damage your credit by not reporting your payments.
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Aaron's Credit Report Submission
Aaron's does not report to credit bureaus, meaning your lease payments won't show up on your credit report.
Making payments to Aaron's won't have any impact on your credit score, whether you're on time or late.
A lease application from Aaron's makes soft inquiries to credit bureaus, but these inquiries can be seen on your credit report if you request a copy.
Your credit score won't be affected by making lease payments to Aaron's, but your credit report may show a soft inquiry from Aaron's after applying for a lease.
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