Company Information

Get to know Progressive Leasing

Founded in 1999, Progressive Leasing is a leading provider of lease-to-own solutions that allow consumers, often with less-than-perfect credit, to acquire merchandise from retail partners. The company's business model involves purchasing items selected by customers from retailers and then leasing those items to the customers. Customers make recurring payments and have the option to own the merchandise after fulfilling the lease agreement. Progressive Leasing is a segment of its parent company, PROG Holdings, Inc. (NYSE: PRG), and aims to provide simple, transparent, and affordable purchase options.

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Progressive Leasing

United States

Founded in

1999 (27 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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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.