We have used progressive leasing 2 times. The first time was through a mattress company and it was a good experience and option for us because of our credit.
The 2nd time was for a couch and was a total nightmare! They had our checking account info wrong so throughout the whole term we had bounce check fees and would have to call in and authorize a payment with a different method of payment. They would "fix" the checking account numbers every month and the same thing would occur again. Their financing was the option given to us at the furniture store, and with our credit scores at the time of purchase having been a lot more solid we should have just went to a real store with real bank financing.
Progressive's interest is excessive.
We have paid over $2000 for $900 worth of furniture. They pray on the weak....
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