Progressive Leasing is a leasing company that specializes in providing accessible financing options to individuals with less-than-perfect credit. The company’s mission is to help customers access the goods and services they need by providing flexible payment plans that fit their budget.
Founded in 1999, Progressive Leasing has grown to become one of the largest and most respected leasing companies in the United States. The company has partnerships with over 30,000 retail locations nationwide, offering a variety of products and services from furniture to electronics.
What sets Progressive Leasing apart from other leasing companies is its commitment to providing affordable and flexible payment plans. The company offers a lease-to-own program that allows customers to make payments over a period of time and eventually own the product outright. This model is ideal for individuals who cannot afford to pay for a product upfront but want to avoid high-interest loans or credit card debt.
One of the key benefits of Progressive Leasing is its accessibility. The company’s approval process is simple and straightforward, with no credit needed to apply. Instead, the company uses alternative data sources to determine a customer’s eligibility, such as employment and income history.
Progressive Leasing also offers a variety of payment options to ensure that customers can make payments on time and avoid late fees. Customers can choose to make weekly, bi-weekly, or monthly payments, depending on their financial situation. The company also offers a 90-day payment option, which allows customers to pay off the product in full within 90 days with no additional fees or interest.
Another benefit of Progressive Leasing is its commitment to customer service. The company’s customer service team is available seven days a week to answer questions and help customers navigate the leasing process. Customers can also manage their account online or through the company’s mobile app, making it easy to keep track of payments and payment history.
While there are many benefits to Progressive Leasing, it’s important to note that the company’s payment plans may come with higher overall costs than paying for a product upfront. Customers should carefully consider their financial situation before signing up for a lease-to-own program to ensure that they can afford the payments.
Overall, Progressive Leasing offers a valuable service for individuals who need access to essential goods and services but may not have the credit score to qualify for traditional financing. With its flexible payment options, accessible approval process, and commitment to customer service, Progressive Leasing is a great option for those looking to lease essential items.