Company Information

Get to know progresive financial services

Progressive Leasing, LLC is a prominent financial technology company that provides lease-to-own solutions to a wide network of retail partners. As a key subsidiary of the publicly-traded PROG Holdings, Inc. (NYSE: PRG), the company's mission is to offer simple and accessible purchase options for customers, particularly those with limited or no credit history. Through its proprietary technology integrated at the point-of-sale in-store and online, Progressive Leasing enables consumers to acquire items like furniture, electronics, mattresses, and appliances from their favorite stores by entering into a lease agreement, with the option to own the product upon completion of all payments.

Industry

Financial PaymentPRIMARY
Financial Other Service

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progresive financial services

Mexico

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.