Q:

What is a Progressive Leasing application?

A:

Quick Answer

Progressive Leasing is a company that offers financing to consumers for major purchases such as vehicles and furniture, and the leasing application is a form that must be completed to obtain the financing, according to ProgFinance.com. No credit is required.

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Full Answer

ProgFinance.com explains that merchants can sign up with Progressive Leasing Co. to offer a lease-purchase financing plan that enables approvals for customers who have low or no established credit, which allows them to pay for major purchases. A customer must complete a Progressive Leasing application form with details of their income, assets and financial obligations in order to qualify. A sample application is viewable on ProgressiveLP.com.

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