What does WHYNOTLEASE mean on my credit report?

Is WHYNOTLEASE making an impact credit score?

Updated May 1, 2022


WHYNOTLEASE is shorthand for WhyNotLeaseIt, with the company name being WhyNotLeaseIt LLC

Transactions with us are confidential, secure and compliant with all federal consumer lease regulations, you should feel comfortable that leasing with us is going to be a rewarding experience! We offer easy monthly lease terms for the furniture, electronic devices and appliances you need for everyday life. We work nationwide with quality-driven shops to serve you as quickly and efficiently as possible. Our partnering stores can help you find the perfect product for your needs.

WHYNOTLEASE is a Creditor. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with WhyNotLeaseIt.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

About the account

The account is classified under the following METRO2 categories:

  • ⚫ Lease

How do I contact them?

Here is the current contact details for WhyNotLeaseIt:


  • 7755 Montgomery Road, Suite 500 Cincinnati, OH 45236




  • 888-949-6680

SmartCredit Report Example

  • This is an example of what this creditor will look like on your SmartCredit report.

WHYNOTLEASE SmartCredit Report

Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can WHYNOTLEASE be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.