Snap Finance News Releases

Snap Finance Research Reveals Almost Half of Credit-Challenged Consumers Will Not Transact with a Store That Lacks Financing Options

Wed, 06 Mar 2024 08:00:00 -0500

Salt Lake City, Utah--(Newsfile Corp. - March 6, 2024) - Snap Finance, a provider of fast, flexible pay-over-time financing options, today announced new research findings that underscore the powerful market potential of Americans with lower credit scores. The research and resulting report, "Tapping in to an untapped market: An in-depth look at consumers with credit challenges," debunk common misperceptions about this customer segment and reveal why offering flexible payment options can result in...

Snap Finance Foundation Gives $150,000 to 16 Nonprofit Organizations

Tue, 19 Dec 2023 08:00:00 -0500

2023 Community Grant Program Delivers Funding for Nonprofits to Address Food Insecurity, Education, and Job Training, Financial Access, and More Salt Lake City, Utah--(Newsfile Corp. - December 19, 2023) - For the second consecutive year, the Snap Finance Foundation has awarded grants totaling more than $150,000 as part of its Community Grant program. These grants went to sixteen nonprofit organizations for their exceptional work in the U.S., U.K., and Costa Rica - three countries with Snap...

Snap Finance Moves to Dismiss Complaint Filed by CFPB

Tue, 19 Sep 2023 11:00:00 -0400

Salt Lake City, Utah--(Newsfile Corp. - September 19, 2023) - Snap Finance LLC (Snap), provider of fast, flexible pay-over-time consumer financing solutions, has issued the following response to a complaint filed by the Consumer Financial Protection Bureau (CFPB).Snap has filed a motion to dismiss all claims in the CFPB's complaint. Snap disagrees with the CFPB's factual allegations, and we are eager for the opportunity to disprove them. While we share the CFPB's concerns for transparency and...