Lease-to-Own Boosts Online Sales
Many customers are still being left behind, despite the fact that the buy-now-pay-later industry's boom has been credited with opening up financial access to a wider audience. When it comes to supplying subprime and non-prime consumers with credit scores below 650—or even with no credit ratings at all—the booming lease-to-own market steps in.
Today, eCommerce and brick-and-mortar retailers can easily accept lease-to-own payments at the point of sale. The premise and promise of the lease-to-own have been transformed, and its reach expands every year.
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