1. Shop on line or in our store for the THINGS YOU WANT.
2. Know the monthly PAYMENT YOU CAN AFFORD, even if you miss a couple days of work or have unexpected bills.
3. Talk with an E-Z OWN team member to discuss payment date and loan terms.
4. Complete a customer information sheet and get approved.
5. Make a down payment that is 10% of the total purchase price.
6. Sign the loan and set a date for delivery or take your purchase home with you.
Download this form and bring it in to the store or email it back!Download Form
Please bring in the following:
- MN OR WI ID OR DRIVERS LICENSE (Note: We do not accept expired IDs)
- Social Security Card or a document with Full SSN
PROOF OF RESIDENCE
- Acceptable Proofs Include:
- Current lease
- Recent bill or bank statement with current address shone
- Please inform your landlord that we will call to confirm your residence
PROOF OF INCOME
- Acceptable Proofs Include:
- Award letter
TO GET LOW OR ZERO INTEREST FINANCING:
- Know the monthly payment you can afford.
- Know the items you want to buy at E-Z Own.
- Talk to an E-Z Own team member who can show you payment options.
- Add up the price of the items you want to buy.
- For ZERO INTEREST - Rough payment estimate divide total purchase price by 3.
Sample APR Disclosures
$500 loan, 3 timely payments of $166.67, APR 0%
For 6% INTEREST rough payment estimate - divide total purchase price by 6.
$1,000 loan, 6 timely payments of $173.84, APR 13.98% includes $25 loan administrative fee.
For 12% INTEREST rough payment estimate - divide total purchase price by 12.
$2,400 loan, 12 timely payments of $215.46, APR 13.98% includes $25 loan administrative fee.
The Low and Zero Interest financing involves refunds of finance charges dependent upon timely payments. See an E-Z Own team member for details.
HERE’S WHY E-Z OWN CUSTOMERS KEEP COMING BACK TO E-Z OWN.
FAST FRIENDLY FINANCING with no credit checks.
Our family owned finance company handles the credit process with attention to our individual customers and their specific situations and needs. We are not subject to rules and limitations handed down from on high from a large company’s bureaucracy
NO CREDIT or LOW CREDIT SCORE NO PROBLEM
E-Z Own can help you build or rebuild your credit. As a company that has been licensed as a consumer finance company in Minnesota since 2000, we have been successful in helping our customers obtain financing for auto and home loans from traditional lenders. E-Z OWN does not damage our customers credit ratings by reporting delinquencies to the credit bureau.
LOW DOWN PAYMENTS
Typical down payment is 10% of total purchase price. E-Z OWN has frequent sales of 50% off down payments. Preferred customers qualify for ZERO DOWN PAYMENTS.
LOWEST TOTAL COST OF TRANSACTION
E-Z OWN’S total transaction cost, including retail price and finance charges, has been found to be significantly less than the total transaction costs of other buy here pay here competitors in Minnesota.
NO PREPAYMENT PENALTIES
There is no penalty for paying an E-Z OWN loan off early. In fact, the faster you pay off the loan, the more money you save !
INDIVIDUAL LOAN MANAGEMENT
We understand that bad things can happen to good people. Again, our family owned company allows us the flexibility to WORK WITH FOLKS WHO WORK WITH US. If your financial situation changes and you can no longer afford your monthly payment, we have methods available to work through some problems. However, not all problems can be solved. In those cases the solution is to return the purchased items, the loan can be voided and when your situation returns to normal, come back and see us.
Please note that it takes about 20-30 minutes to get through the approval process. If you come right before closing you may be asked to come back the next day. Sorry for any inconvenience. Also note that we do not do approvals via the phone or internet.
Still have questions?Contact Us!