Progressive Leasing news and trends

Lease-To-Own Services Make A Comeback With Overstock.com
Retail // September 24, 2018

Lease-to-own services are making a comeback with eCommerce retailers. Overstock.com is bringing a lease-to-own purchase option to its financial service offerings. The option, provided by Progressive Leasing, allows customers to lease products for as long as a year and is available for over three million products on...

Aaron Rents Enables POS Financing Using Marqeta Instant Issuance
Partnerships / Acquisitions // December 07, 2017

Marqeta, the open API payment card issuing platform, and Progressive Leasing, a virtual lease-to-own company, have announced a technology partnership that will enhance the checkout process for Progressive Leasing customers. Progressive, a division of Aaron’s, Inc., is one of the largest players in the lease-to-own...

Quick Reads
Progressive Leasing To Pay $175M FTC Fine Over Rent-To-Own Pricing

April 20, 2020
Progressive Leasing will pay $175 million to settle charges with the Federal Trade Commission (FTC) that its policies were misleading to customers, according to an April 20 release by the FTC. According to the charges, Progressive, which traffics in rent-to-own payment plans in numerous stores around the country, was telling customers that payment plans for […]

Aaron Rents Enables POS Financing Using Marqeta Instant Issuance

December 07, 2017
Marqeta, the open API payment card issuing platform, and Progressive Leasing, a virtual lease-to-own company, have announced a technology partnership that will enhance the checkout process for Progressive Leasing customers....