Snap Finance

Snap Finance LLC markets and supports a number of different financing options together with its affiliates, bank partners and others. Its lease-to-own financing option is offered by Snap RTO LLC, which partners with merchants to acquire merchandise and lease it to customers who may acquire the merchandise at the end of the maximum lease period or exercise early purchase options. Snap-branded product offerings also include retail installment contracts and bank installment loans, with Snap Loan branded installment loans originated by Quill Bank. Snap Finance states it was launched in 2012 and describes serving more than 7 million customers.

Snap Finance states that it was launched in 2012, with a mission to unlock financial flexibility for a better life. It describes serving more than 7 million customers and says it looks beyond credit scores to empower people of all credit types while enabling retailers to reach more customers.

Snap looks beyond credit scores to empower people of all credit types, while enabling retailers to reach more customers.

• Lease-to-own financing

  Snap RTO LLC partners with merchants to offer lease-to-own financing options; in a lease-to-own transaction, Snap RTO acquires merchandise from a store or website and leases it to the customer, who may acquire the merchandise at the end of the maximum lease period or exercise early purchase options, and who has the right to terminate the lease and return the merchandise.

• Snap Loan branded installment loans

  Snap-branded installment loans are originated by Quill Bank, which determines the qualifications for and terms of credit; they are underwritten, originated, and held by Quill Bank.

• Snap Loan branded retail installment contracts

  A retail installment contract is a financing solution offered by a retail seller of goods and/or services which allows the customer to pay the purchase price over time, but which includes a time-value cost similar to interest; Snap partners with merchants to facilitate the offering of retail installment contracts at merchant locations in certain states.

• Seen-branded line of credit products

  Snap Finance's expanding ecosystem of products and services includes the Seen-branded line of credit products; the Seen Mastercard is issued by Coastal Community Bank, Member FDIC pursuant to a license from Mastercard International Incorporated.

1. 1Snap Finance - Perfect Credit Not Requiredsnapfinance.com
2. 2Products | Snap Financesnapfinance.com
3. 3Products and Licenses | Snap Financesnapfinance.com
4. 4About Snap Finance - Company Overview & Core Valuessnapfinance.com