Today HP Inc. (NYSE: HPQ) shares decrease Thursday, on announcing new, comprehensive U.S. consumer financing options for HP products purchased on HP.com2. By leveraging ChargeAfter’s technology and collaborating with three leading financial providers – Bread Financial™, Concora Credit and Koalafi – HP can now offer nearly every U.S. consumer a financing option when they shop for personal computers (PCs), printers or peripherals on HP.com. Finance options include promotional financing to qualified buyers, or lease-to-own options with no credit needed. Visit HP Financing for more information and details.
With many consumers feeling the increased pressure of high inflation rates, maxed credit cards and limited disposable income, offering consumers more choice in financing has become increasingly important. In fact, 91% of electronics shoppers say it is somewhat to very important that their favorite retailer accepts or offers their preferred type of financing3. With these collaborations, HP can now deliver more options to customers across the credit spectrum.
“HP believes that everyone has the right to access the technology that powers our world,” said Deborah Baker, VP, Head of Global Payment Solutions at HP. “We have teamed up with leading financial service providers to help empower the creators, the inventors, and the geniuses of tomorrow. Our new financing options give almost any US customer the financing power to purchase the technology they need to work, learn and play.”
HPQ shares slumped 39 cents, or 1%, to $37.43.
