PROG Holdings, Inc

PROG Holdings, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates through, Progressive Leasing and Vive. The company offers its lease-purchase solutions to customers for various products in the furniture and appliance, jewelry, mobile phones and accessories, mattress, and automobile electronics and accessories industries. It also provides revolving loans through third-party federally insured banks to customers that may not qualify for traditional prime lending. As of December 01, 2020, the company provided lease-purchase solutions through approximately 30,000 retail partner locations in 46 states and the District of Columbia, including e-commerce merchants. The company was formerly known as Aaron's Holdings Company, Inc. and changed its name to PROG Holdings, Inc. in December 2020. PROG Holdings, Inc. was founded in 1955 and is headquartered in Draper, Utah.