Closing the credit gap: Shopping and paying for furniture and mattresses with credit challenges
A growing number of consumers need furniture and mattresses but don’t qualify for traditional financing. New research from Snap Finance uncovers insights to help businesses better understand and serve credit-challenged furniture and mattress shoppers.
Key insights from new Snap Finance research
Among consumers with credit scores below 670:
66%
said financing availability was important in choosing where to buy
46%
could not have paid for their purchase without financing
13%
used lease-to-own financing to get their furniture or mattress
