Q: What are the requirements for the program?

A: To meet the criteria to apply, the customer must:

1. be 18 years old or older

2. have an active checking account

3. have a steady source of income

4. have a valid email address​

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Q: Can the customer qualify with a prepaid card or a saving account?

A: No, the customer MUST have an active checking account that is being used regularly. 

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Q: Is the customer applying for a Loan?

A; No, the customer is applying for a lease to own.

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Q: What is a Lease - Purchase?

A: A lease - purchase is a form of lease where the customer rents the merchandise/repair through one of BDS' banks for a designated period, usually 12 months, after which the customer gains ownership of the merchandise/repair. The customer may pay off the lease and gain ownership at any time through the 90 Day early Buy Out option.

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Q: How long is the customers lease?

A: Payments are spread over time, usually 12 or 16 months. 

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Q: Can the customer use their approval at any repair shop?

A: No, the BDS approval can only be used at an approved new car dealership.

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Q: Can the customer be approved if they have bad credit?

A: Yes, BDS' banks uses a proprietary approval process that gives the customer the best chance of being approved. BDS specializes in helping customers who have bad credit, no credit, bankruptcy, or other credit challenges.

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Q: How do the customers apply?

A: The customer applies online. They will get an answer in seconds.

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Q: After the customer is approved, what happens next?

A: Please click the "How It Works" button.

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Q: Can the customer have more then one lease at a time.

A: No, just one lease per repair order. The customer can have more then one repair on the RO.

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Q: How does the customer make their payments?

A: Payments are automatically deducted from the customers checking account.

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Q: Does BDS' finance companies charge interest on a lease - purchase agreement?

A: No, BDS' finance companies do not charge interest on a lease - purchase. There is a cost of lease in addition to the purchase price. The amount of this varies by customers and residential state, and it will be detailed in the BDS Disclosure/Invoice. The customer must read and understand the disclosures before they sign.

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