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Violation Tracker Individual Record

Company: Progressive Leasing
Penalty: $175,000,000
Year: 2020
Date: April 20, 2020
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Progressive Leasing, a company that markets rent-to-own payment plans in tens of thousands of retail stores nationwide, will pay $175 million to settle Federal Trade Commission allegations that it misled consumers about the true price of items purchased through its plans.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.