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Overstock Banking Casework expands casework to charter articles for up to 12 months

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SALT LAKE CITY, Sept. 19, 2018 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK) recently launched its newest accession to Overstock Banking Services, a absolutely chip lease-to-own acquirement advantage provided through Progressive Leasing, a wholly-owned accessory of Aaron’s, Inc. (NYSE: AAN). This new account adds a simple and affordable acquirement advantage for Overstock barter to charter articles for up to 12 months. The lease-to-own affairs expands Overstock’s banking services, which already provides lending, investment, acclaim cards, and allowance casework to Overstock customers. The lease-to-own advantage is currently accessible on added than three actor charter acceptable articles on Overstock.com.

“We’re consistently optimizing means to accommodate our barter the best acquirement acquaintance on our site,” said Patrick M. Byrne, CEO and architect of Overstock.com. “Progressive’s lease-to-own affairs will advice our barter body the homes of their dreams in a way that is financially acceptable for them.”

Customers can bound and calmly administer for a Progressive charter at Overstock.com, no acclaim needed. Upon appointment an application, anniversary chump will accept an burning decision. If approved, purchasing with Progressive’s lease-to-own advantage is as simple as selecting Progressive as the acquittal blazon and proceeding to checkout, afterward the accepted checkout process. Lease-to-own chump orders will be alien afterwards an antecedent $49 payment. Barter will own busy items afterwards appliance a 90-day acquirement option, an aboriginal charter buyout, or by commutual 12 months of payments.

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“As the arch lease-to-own provider, we’re captivated to be able to accomplice with Overstock to advice shoppers currently underserved by added acquittal methods to acquirement the items they charge or appetite today, while active incremental sales and convalescent chump achievement for our retail partners,” said Blake Wakefield, President and Chief Acquirement Officer at Progressive Leasing.

“We focus on authoritative the arcade acquaintance as acceptable as accessible in all areas including the final checkout,” said Byrne. “This is why we accommodate a advanced array of acquittal options including, costs through our clandestine characterization acclaim card, lease-to-own, and acquittal admitting PayPal, or dozens of top cryptocurrencies like bitcoin.”

Overstock provides assorted banking casework through its Finance Hub™, which accommodate robo-advising investment, lending, acclaim cards, and insurance. Club O, Overstock’s adherence program, provides chargeless aircraft on every order, rewards starting at a minimum of 5% and admission to as abundant as 10%, and added added perks, for $19.95 annually.

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The lease-to-own account is accessible to all able Overstock barter accustomed through Progressive Leasing. The accepted Overstock acknowledgment action applies to these purchases.

About Overstock.com

Overstock.com, Inc. Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ tZERO platform: OSTKP) / Series B Preferred (OTCQX:OSTBP) is an online banker based in Salt Lake City, Utah that sells a ample ambit of articles at low prices, including furniture, décor, rugs, bedding, and home improvement. In accession to home goods, Overstock.com offers a array of articles including jewelry, electronics, apparel, and more, as able-bodied as a exchange accouterment barter admission to hundreds of bags of articles from third-party sellers. Added food accommodate Pet Adoptions and Worldstock.com committed to affairs artisan-crafted articles from about the world. Forbes ranked Overstock in its account of the Top 100 Most Trustworthy Companies in 2014. Overstock consistently posts advice about the aggregation and added accompanying affairs beneath Investor Relations on its website, http://www.overstock.com.

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About Progressive Leasing

Prog Leasing, LLC, a wholly-owned accessory of Aaron’s, Inc. (NYSE: AAN), is the better and longest-tenured basic lease-to-own provider in the United States. The company’s mission is to accommodate simple and affordable acquittal options for acclaim challenged consumers. Over the aftermost 19 years, Progressive Leasing’s fair and cellophane NO CREDIT NEEDED lease-to-purchase advantage has helped over 4 actor barter and their families, alike if they accept less-than-perfect acclaim or an disability to pay for their acquirement upfront. Progressive has additionally helped added than 27,000 retail food drive added acquirement and advance chump satisfaction. Learn added at http://www.progleasing.com.

O, Overstock.com, O.com, Club O, Main Street Revolution, and Worldstock are registered trademarks of Overstock.com, Inc. O.biz and Space Shift are additionally trademarks of Overstock.com, Inc. Added account marks, trademarks and barter names which may be referred to herein are the acreage of their corresponding owners.

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This columnist absolution contains assertive advanced statements aural the acceptation of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such advanced statements accommodate all statements added than statements of actual fact. Added advice apropos factors that could materially affect after-effects and the accurateness of the advanced statements independent herein may be begin in the Company’s Form 10-Q for the division concluded March 31, 2018, which was filed with the SEC on May 8, 2018, and any consecutive filings with the SEC.

SOURCE: Overstock.com, Inc.

Media Contact:[email protected]or[email protected]

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Investor Contact:[email protected]or[email protected]

GlobeNewswire, a Nasdaq company, is one of the world’s better newswire administration networks, specializing in the commitment of accumulated columnist releases banking disclosures and multimedia agreeable to the media, advance community, alone investors and the accepted public.

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