(PRG) PROG Holdings - Ratings and Ratios

PROG Holdings, Inc. is a financial technology holding company that specializes in providing consumers with flexible payment options, effectively bridging the gap between traditional financing methods and modern, technology-driven solutions. The company's operations are segmented into three key areas: Progressive Leasing, Vive, and Four, each catering to distinct consumer needs and preferences. Progressive Leasing, for instance, offers in-store, app-based, and e-commerce point-of-sale lease-to-own solutions, allowing consumers to acquire products without the immediate financial burden of full payment.

Vive Financial, another subsidiary of PROG Holdings, Inc., operates as an omnichannel provider of second-look revolving credit products. This arm of the company is designed to cater to consumers who may not qualify for traditional credit options, providing them with accessible and manageable credit solutions. Additionally, the company offers buy now pay later payment options through Four, which enables consumers to split their purchases into four interest-free installments. This approach not only enhances consumer purchasing power but also promotes financial discipline through structured payment plans.

Furthermore, PROG Holdings, Inc. has introduced Build, a credit building financial management tool. This innovative tool is aimed at empowering consumers to take control of their financial health by providing them with the means to build and improve their credit scores over time. The company's commitment to financial inclusion and consumer empowerment is reflected in its diverse portfolio of brands and services, each designed to address specific financial needs and challenges. With a history dating back to 1955, PROG Holdings, Inc., formerly known as Aaron's Holdings Company, Inc., has evolved significantly, adopting its current name in December 2020 and continuing to operate from its base in Draper, Utah.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol PRG, PROG Holdings, Inc. is subject to the scrutiny and transparency that comes with being a part of the public market. With its common stock (ISIN: US74319R1014) classified under the GICS Sub Industry of Consumer Finance, the company is well-positioned to continue its growth trajectory, driven by its focus on consumer-centric financial solutions and technological innovation. For more information, investors and consumers alike can visit the company's website at https://progholdings.com, providing a direct link to the company's official online presence.