14 Oct 2021

Retailers Leave Half of Consumers Without an Option to Checkout

Kali Keesee and Jason Skiba from Katapult are presenting at Midwest Ecommerce Seminar 2021. You can read more news and articles from Katapult here. Follow Katapult on Facebook, Twitter, or LinkedIn for the latest ecommerce lease-to-own purchase solution insights!

Retailers are Leaving Almost Half of American Consumers Without an Option to Buy

Almost half of U.S. consumers don’t have a credit score or have a credit score under 700, and according to a survey by the Federal Reserve, 30% need financing in order to make an unexpected purchase of $400 or more. Rather than excluding these consumers, retailers would be wise to look beyond the credit score and understand more about this consumer demographic. Learn all about lease-to-own and how it is the best option for retailers that want to expand the number of customers in this blog post by MES 2021 partner Katapult.

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Learn how to meet your customers where they are with a lease-to-own purchase option