Lease to Own

Versatile Credit and Acima Leasing Partner on Lease-to-Own Prequalification
Versatile Credit and Acima Leasing Partner on Lease-to-Own Prequalification
October 05, 2023  |  Partnerships

Versatile Credit has partnered with Acima Leasing to offer merchants access to Acima’s lease-to-own (LTO) prequalification feature. This partnership will help merchants optimize their financing and leasing programs,...

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CFPB Sues Lease-to-Own Company Snap Finance
CFPB Sues Lease-to-Own Company Snap Finance
July 19, 2023  |  Legal

The Consumer Financial Protection Bureau (CFPB) has sued lease-to-own finance company Snap Finance, alleging deception, consumer law violations and making false threats. The CFPB is now seeking monetary...

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Rebranded Rent-A-Center Sees BNPL as Complementary to Long-Term Growth at Upbound
Rebranded Rent-A-Center Sees BNPL as Complementary to Long-Term Growth at Upbound
February 23, 2023  |  Retail

A tough economy hits hardest for those with lower incomes and poor to no credit, which is where rent-to-own and lease-to-own can be a lifesaver...

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Lease-to-Own Retailer FlexShopper Debuts FlexWallet Virtual Card
Lease-to-Own Retailer FlexShopper Debuts FlexWallet Virtual Card
November 01, 2022  |  Shopping

Lease-to-own company FlexShopper has launched a digital credit card that offers its customers a way to make purchases without a traditional credit card or cash. ...

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Rent-A-Center Sparks Rethink of Rent-to-Own Model
Rent-A-Center Sparks Rethink of Rent-to-Own Model
September 30, 2022  |  Retail

The rent-to-own and lease-to-own retail concepts that seem tailor made for recession-pressed consumers with subprime credit are in fact seeing their models tested by an...

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Lease-to-Own FinTech Kafene Nets $18M to Expand Team
Lease-to-Own FinTech Kafene Nets $18M to Expand Team
September 13, 2022  |  Investments

Lease-to-own (LTO) FinTech company Kafene has raised $18 million in a Series B funding round and will use the new capital to help more merchants...

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Lease-to-Own Plans a Boon to Merchants and a Lifeline to Strapped Consumers
Lease-to-Own Plans a Boon to Merchants and a Lifeline to Strapped Consumers
April 27, 2022  |  Retail

There’s a huge difference between the big-ticket items we’d like to have (Teslas) and the items we need to have. Right now. The fridge conks...

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Lease-To-Own Business Fueled By Acima Acquisition; Company Boasts Triple-Digit Growth
Lease-To-Own Business Fueled By Acima Acquisition; Company Boasts Triple-Digit Growth
December 21, 2020  |  Buy Now Pay Later

Rent-A-Center, the largest provider of lease-to-own purchase plans in the U.S. said Monday (Dec. 21) that its acquisition of a virtual provider of similar plans...

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

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,...

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