Company Information

Get to know Service Payment Plan, Inc.

Founded in 2007 and based in Chicago, Service Payment Plan, Inc. (SPP) is a financial services company that partners with automotive service centers across the United States. The company's core business is offering flexible, interest-free payment plans to customers who need to finance unexpected or costly vehicle repairs. SPP's mission is to help service centers increase their sales and customer loyalty by providing an affordable payment solution, thereby enabling more customers to approve and complete necessary automotive maintenance and repairs.

Industry

Financial PaymentPRIMARY
Financial Insurance
Financial Other Service

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Service Payment Plan, Inc.

United States

Founded in

1983 (43 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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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.