Bad Credit? No Problem! How to Finance Your Mattress


Buying a mattress can be a significant investment, but it’s also essential for getting a good night's sleep. Unfortunately, if you have bad credit, financing a new mattress may seem impossible. However, there are options available that can help you finance your new mattress without worrying about your credit score.

In this blog, we will discuss the different options for financing your mattress, even with bad credit. We will cover the following topics:

  1. Why your credit score is important when financing a mattress
  2. The different financing options available for people with bad credit
  3. Tips for financing your mattress while improving your credit score

Why Your Credit Score is Important When Financing a Mattress:

When you finance a mattress, the company or retailer will typically run a credit check to determine if you qualify for financing. Your credit score is a critical factor that determines your eligibility for financing and the interest rate you will be charged.

If you have a low credit score, it means that you are considered a high-risk borrower, and lenders may charge you higher interest rates or deny your application altogether. A low credit score can also affect your ability to get approved for other types of credit in the future, such as car loans or mortgages.

The Different Financing Options Available for People with Bad Credit:

  1. In-House Financing: Many mattress retailers offer in-house financing options, which means that they finance the purchase themselves rather than using a third-party lender. In-house financing is often more accessible to people with bad credit because the retailer is more lenient with their credit requirements. However, in-house financing may come with higher interest rates and fees.

  2. Rent-to-Own: Rent-to-own is a popular option for people with bad credit who cannot afford to pay for a mattress outright. With rent-to-own, you pay a weekly or monthly fee to use the mattress, and at the end of the rental period, you can choose to buy the mattress outright or return it. Rent-to-own contracts typically have high interest rates and fees, so be sure to read the fine print carefully.

  3. Personal Loans: Personal loans are another financing option for people with bad credit. You can apply for a personal loan from a bank or online lender, and if you are approved, you can use the funds to finance your mattress purchase. Personal loans typically have lower interest rates than in-house financing or rent-to-own options, but they may require collateral or a co-signer.

  4. Credit Cards: If you have a credit card, you can use it to finance your mattress purchase. Many retailers offer promotional financing options, such as zero percent interest for a set period, for customers who use their credit cards. However, be sure to read the terms and conditions of the offer carefully, as interest rates can skyrocket after the promotional period ends.

Tips for Financing Your Mattress While Improving Your Credit Score:

If you have bad credit, financing a mattress may seem like a daunting task. However, there are things you can do to improve your credit score while financing your mattress purchase:

    1. Make payments on time: Late payments can significantly impact your credit score, so be sure to make your payments on time. Set up automatic payments or reminders to ensure that you don't miss any payments.

    2. Pay more than the minimum: If you can afford it, try to pay more than the minimum payment each month. Paying more than the minimum can help you pay off your balance faster and save money on interest charges.

    3. Use a credit-building tool: Some lenders offer credit-building tools, such as secured credit cards or credit-builder loans. These tools can help you build credit by making on-time payments and improving your credit utilization ratio.

    4. Keep your credit utilization low: Your credit utilization ratio is the amount of credit you are using compared to your available credit. A high credit utilization ratio can hurt your credit score. To keep your credit utilization low, try to keep your balances below 30 percent of your available credit.

    5. Monitor your credit report: It's essential to monitor your credit report regularly to ensure that there are no errors or inaccuracies. You can get a free copy of your credit report from each of the three major credit bureaus once a year.


Financing a new mattress can be a challenge when you have bad credit, but there are options available. In-house financing, rent-to-own, personal loans, and credit cards are all financing options for people with bad credit. However, these options may come with higher interest rates and fees, so it's essential to read the fine print carefully. By making payments on time, paying more than the minimum, using credit-building tools, keeping your credit utilization low, and monitoring your credit report, you can improve your credit score while financing your mattress purchase. Don't let bad credit prevent you from getting a good night's sleep – explore your financing options and take steps to improve your credit score.


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