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Progressive Finance

Latest Headlines

Latest Headlines

Sprint using Progressive Finance to provide loans to customers for devices without a credit check

Sprint began using a third-party service called Progressive Finance a few weeks ago in an effort to sell phones at retail to customers without a credit check while minimizing the risk of bad debt. And according to Wave7 Research, the carrier has begun extending the offering to some of its dealer partners.

Leap Wireless, MetroPCS launch handset financing programs

Leap Wireless and MetroPCS both recently launched handset financing options that will allow eligible customers to make a down payment on a smartphone and pay off the remainder in the future. The programs are geared toward helping the prepaid carriers' customers afford high-end smartphones, which the carriers do not subsidize and can cost as much as $500 upfront.