Lease to Own

PayTomorrow Flexible Financing Platform Adds FlexShopper Lease-to-Own Services
PayTomorrow Flexible Financing Platform Adds FlexShopper Lease-to-Own Services
August 19, 2024  |  Partnerships

FlexShopper’s lease-to-own (LTO) services are now available in PayTomorrow’s flexible financing platform. This collaboration enables retail merchants to offer more consumer financing options to their customers,...

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CFPB Rent-A-Center Affiliate Acima Lawsuit Claims Illegal Lending Practices
CFPB Rent-A-Center Affiliate Acima Lawsuit Claims Illegal Lending Practices
July 28, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has accused rent-to-own company Acima of tricking customers into high-cost financing agreements. The CFPB on Friday (July 26) sued...

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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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