--- title: Detecting Lease to Own Transactions description: We observed 4.35% month-over-month growth of lease to own transactions over the past year, and around 7% of the users in our database use lease-to-own products. --- [Skip to content](https://hs.pavefi.com/pave-blog/blog/detecting-lease-to-own-transactions#main-content) Pave Financial, Inc. Open main navigation Close main navigation - [Contact us](https://hs.pavefi.com/pave-blog/blog/detecting-lease-to-own-transactions#contact) [Contact us](https://hs.pavefi.com/pave-blog/blog/detecting-lease-to-own-transactions#contact) Oct 21, 2022 12:45:00 PM # Detecting Lease to Own Transactions [JC Ulat](https://hs.pavefi.com/pave-blog/author/jc-ulat) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://hs.pavefi.com/pave-blog/blog/detecting-lease-to-own-transactions) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://hs.pavefi.com/pave-blog/blog/detecting-lease-to-own-transactions) [Twitter icon](https://twitter.com/intent/tweet?url=https://hs.pavefi.com/pave-blog/blog/detecting-lease-to-own-transactions) [pinterest-p icon](http://pinterest.com/pin/create/link/?url=https://hs.pavefi.com/pave-blog/blog/detecting-lease-to-own-transactions) [envelope icon](mailto:?body=https://hs.pavefi.com/pave-blog/blog/detecting-lease-to-own-transactions) We’re excited to announce that we launched **“Lease to Own”** as a new tag for our [“Recurring Expenditures” endpoint!](https://docs.pave.dev/) Lease to Own is a service where merchants lease their goods to customers in exchange for recurring payments. ### Some Key Findings - We observed **4.35%** month-over-month growth of lease to own transactions over the past year - Around **7%** of the users in our database use lease-to-own products - Average lease to own transaction dollar amount: **$79.47** - The most common Lease to Own companies: - [Progressive Leasing](https://progleasing.com/) (**29.30%** of lease to own Transactions) - [Rent-A-Center](https://www.rentacenter.com/) (**20.20%** of lease to own Transactions) - [Flex Shopper](https://www.flexshopper.com/) (**13.07%** of lease to own Transactions) ### Why this matters - Consumers who choose lease to own options typically have little or no credit history, low credit scores, and/or are living paycheck to paycheck - The average term duration is about 7 months – which is unique from other types of lending products - If the consumer can’t pay off the lease fairly quickly, they oftentimes are subjected to spending significantly more for the item than the actual cost of the item Upcoming related tags include “Rent to Own and “Debt Collection”. ### Documentation You can find the documentation here – [https://docs.pave.dev/insights/recurring\_expenditures](https://docs.pave.dev/insights/recurring_expenditures) [bill tracking](https://hs.pavefi.com/pave-blog/tag/bill-tracking), [Product Features](https://hs.pavefi.com/pave-blog/tag/product-features) ## Related posts [![](https://hs.pavefi.com/hs-fs/hubfs/Imported_Blog_Media/Cash-Advance-Increase-Cover-2.png?height=200&name=Cash-Advance-Increase-Cover-2.png)](https://hs.pavefi.com/pave-blog/blog/higher-income-consumers-flock-to-alternative-credit-median-monthly-net-incomes-surge-by-30-in-6-months) [Data Insights](https://hs.pavefi.com/pave-blog/tag/data-insights), [equitable finance](https://hs.pavefi.com/pave-blog/tag/equitable-finance), [fintech](https://hs.pavefi.com/pave-blog/tag/fintech), [cash advance](https://hs.pavefi.com/pave-blog/tag/cash-advance), [cashflow insights](https://hs.pavefi.com/pave-blog/tag/cashflow-insights) ## [Higher-Income Consumers Flock to Alternative Credit: Median Monthly Net Incomes Surge by 30% in 6 Months](https://hs.pavefi.com/pave-blog/blog/higher-income-consumers-flock-to-alternative-credit-median-monthly-net-incomes-surge-by-30-in-6-months) [Amelia Chikota](https://hs.pavefi.com/pave-blog/author/amelia-chikota) Nov 17, 2023 5:55:08 AM A Quick Overview: Users of alternative credit products had a 30% higher net income over the past 6... [Read more](https://hs.pavefi.com/pave-blog/blog/higher-income-consumers-flock-to-alternative-credit-median-monthly-net-incomes-surge-by-30-in-6-months) [bill tracking](https://hs.pavefi.com/pave-blog/tag/bill-tracking), [Data Insights](https://hs.pavefi.com/pave-blog/tag/data-insights), [cashflow insights](https://hs.pavefi.com/pave-blog/tag/cashflow-insights), [BNPL](https://hs.pavefi.com/pave-blog/tag/bnpl) ## [Defaults are rising, FICO is a lagging indicator, and BNPL is adding fuel to the fire](https://hs.pavefi.com/pave-blog/blog/defaults-are-rising-fico-is-a-lagging-indicator-and-bnpl-is-adding-fuel-to-the-fire) [Amelia Chikota](https://hs.pavefi.com/pave-blog/author/amelia-chikota) Jan 13, 2023 8:56:55 AM Credit card defaults increased every month from December 2021 through April 2022. On top of that,... [Read more](https://hs.pavefi.com/pave-blog/blog/defaults-are-rising-fico-is-a-lagging-indicator-and-bnpl-is-adding-fuel-to-the-fire) [Product Features](https://hs.pavefi.com/pave-blog/tag/product-features), [cashback](https://hs.pavefi.com/pave-blog/tag/cashback) ## [Detecting Cashback Rewards](https://hs.pavefi.com/pave-blog/blog/detecting-cashback-rewards) [Eusebio Salinas](https://hs.pavefi.com/pave-blog/author/eusebio-salinas) Oct 28, 2022 4:30:00 AM We’re excited to announce that we launched “Cashback” as a new tag. Cashback is a card benefit that... [Read more](https://hs.pavefi.com/pave-blog/blog/detecting-cashback-rewards) facebook-f icon linkedin-in icon Twitter icon instagram icon - Menu Item 1 - Sub-menu Item 1 - Another Item - Sub-menu Item 2 - Menu Item 2 - Yet Another Item - Menu Item 3 - Menu Item 4 --- # Pave Financial, Inc. 123 Main Street, City, State 11111 Copyright © 2026, Pave Financial, Inc ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "JC Ulat", "url" : "https://hs.pavefi.com/pave-blog/author/jc-ulat" }, "dateModified" : "2024-10-17T21:32:31.611Z", "datePublished" : "2022-10-21T19:45:00.000Z", "headline" : "Detecting Lease to Own Transactions", "mainEntityOfPage" : { "@id" : "https://hs.pavefi.com/pave-blog/blog/detecting-lease-to-own-transactions", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://hs.pavefi.com/hubfs/PaveLogo-t.png" }, "name" : "Pave Financial, Inc" } } ```