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
*Offer valid in store at Sears full-line stores and online at sears.com. This is a lease transaction. Must be at least 18 years old. Valid photo ID required. Income requirements apply. Qualifying merchandise of at least $199 is required to enter into a lease at Sears. Excludes non-durable goods. Minimum 5-month lease agreement. Lease requires consumer to make first payment at lease signing, plus 19 weekly (offered online only), 9 twice-monthly, or 4 monthly lease payments. At the end of the minimum term, the leasing customer can: (1) continue to lease by making periodic payments in accordance with the terms of the lease agreement; (2) exercise a purchase option per the terms of the lease agreement (not available in NJ, VT, WI & WV); or (3) return the leased item(s) to WhyNotLeaseIt®. For example, leased item(s) with lease amount of $600 with a weekly lease payment schedule (offered online only) would require an initial payment of $60 followed by 19 weekly payments of approximately $25.26 plus tax, or a twice-monthly lease payment schedule would require an initial payment of $60 followed by 9 twice-monthly payments of approximately $53.33 plus tax, or a monthly lease payment schedule would require an initial payment of $120 followed by 4 monthly payments of approximately $105.00 plus tax, with total cost to lease the item(s) for the 5-month minimum term of $540.00 plus tax. No security deposit required. TEMPOE, LLC dba WhyNotLeaseIt® is an independent service provider of the LEASE IT program and is not an affiliate of the Transform Holdco LLC family of companies, which operate Sears®, Kmart®, Shop Your Way® and Sears Hometown Stores®.
Who is Sears' leasing partner?
Leasing transactions at Sears 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.
What is the minimum leasing term?
The minimum leasing term is 5 months. After you've completed your 5-month minimum lease term you may buy out your lease for a portion of the remaining depreciated value of the item(s).
What is the Early Purchase option?
Take advantage of our 30, 60 or 90 day Early Purchase options to own it for slightly more than the lease amount. (Early Purchase options are not available in NJ, VT, WI & WV. For example, you can own a $500 item for 5% over cash price, plus applicable taxes for $525 between days 1-30, 8% over cash price, plus applicable taxes for $540 between days 31-60, or 10% over cash price, plus applicable taxes for $550 between days 61-90.
What if I don’t want to buy it early?
If you decide not to take advantage of the Early Purchase option, you'll continue making lease payments for the 5-month minimum term. Once you've completed the 5-month minimum term you 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®
Who should I contact with questions about my lease?
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 sears@whynotleaseit.com. You can also access information about your lease online at the customer service center.
Do I make payments at the store?
No, payments are auto deducted from your bank account, credit card or debit card each period on the dates listed in your payment schedule.
How do I buy out my lease?
You can purchase your leased items from WhyNotLeaseIt®. Once the purchase is complete, you can request proof of ownership from WhyNotLeaseIt.
How do I return an item I’m leasing?
Once your 5-month minimum term is met you may return your leased item(s) to WhyNotLeaseIt®. Call 1-855-965-4669 or email sears@whynotleaseit.com for more information.
Apply online and lease merchandise from Sears.
Most people live on a tight budget, which means money isn't always available at their fingertips. Sears 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. Sears 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 Sears store to select items you're interested in leasing. A friendly Sears 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 Sears’ 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, and you can take your items home that day (when leasing in-store) or we’ll delivery them to you. Get approved in seconds and enjoy conveniently low payments and a flexible payment plan.
