How to Warm Up Cold Leads Before Calling
Posted: Tue Feb 11, 2025 4:49 am
Upbound Group was launched two years ago when Rent-A-Center (RAC) rebranded into a holding company with that name. It includes the Acima virtual lease-to-own business that RAC acquired in and the Acceptance Now flexible leasing operation.Upbound Chief Financial Officer Fahmi Karam told PYMNTS at the time that the company holds a philosophy of “moving [customers] up the credit chain, if you will, giving them more financing solutions, more alternatives, and giving them a little bit more financial confidence.
”The company’s embrace of buy now, pay later (BNPL) comes india mobile database at a time when nearly two-thirds of consumers have used this payment method to manage cash flow, according to PYMNTS Intelligence research.“And more consumers use BNPL strategically than out of necessity. The average transaction among BNPL users is ,” PYMNTS wrote earlier this month. The research also found that a notable majority of consumers are happy with these plans, with upwards of three-quarters of BNPL users reporting high levels of satisfaction.
Meanwhile, the Consumer Financial Protection Bureau (CFPB) earlier this month issued a report on BNPL, saying that “the importance of BNPL in the credit profiles of BNPL borrowers underlines the need for further research to understand how this growing financial product causally impacts borrowers’ financial health.” Findings from the regulator found that more than % of BNPL users held simultaneous BNPL loans.
”The company’s embrace of buy now, pay later (BNPL) comes india mobile database at a time when nearly two-thirds of consumers have used this payment method to manage cash flow, according to PYMNTS Intelligence research.“And more consumers use BNPL strategically than out of necessity. The average transaction among BNPL users is ,” PYMNTS wrote earlier this month. The research also found that a notable majority of consumers are happy with these plans, with upwards of three-quarters of BNPL users reporting high levels of satisfaction.
Meanwhile, the Consumer Financial Protection Bureau (CFPB) earlier this month issued a report on BNPL, saying that “the importance of BNPL in the credit profiles of BNPL borrowers underlines the need for further research to understand how this growing financial product causally impacts borrowers’ financial health.” Findings from the regulator found that more than % of BNPL users held simultaneous BNPL loans.