PROG HOLDINGS INC (PRG)

Company Profile

PROG Holdings, Inc. engages in the provision of lease-purchase solutions. The company is headquartered in Draper, Utah and currently employs 1,692 full-time employees. The firm is engaged in providing payment options and inclusive consumer financial products. The company operates through two segments: Progressive Leasing and Vive Financial. Progressive Leasing segment is an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider. Progressive Leasing segment provides consumers with lease-purchase solutions through its point-of-sale partner locations and e-commerce Website partners. The company does so by purchasing the merchandise from the POS partners desired by customers and, in turn, leasing that merchandise to the customers through a cancellable lease-to-own transaction. Vive segment primarily serves customers that may not qualify for traditional prime lending offers who desire to purchase goods and services from participating merchants. Vive offers customized programs with services that include revolving loans through private label and Vive-branded credit cards.

Company Info

PROG HOLDINGS INC

256 W. Data Drive

Draper UTAH 84020

P: 13853511369

CEO: Steven A. Michaels

Employees: 1692

Website: https://www.progholdings.com/