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.
