Purchasing Power is an online e-commerce platform that offers an employee purchase program. They provide a unique opportunity for employees to buy products and services through payroll deduction, without the need for credit checks. The company primarily focuses on offering affordable consumer products such as electronics, appliances, home furnishings, and personal care items. They aim to make the purchasing process convenient and accessible, particularly for those with limited credit history or financial resources. By partnering with employers, Purchasing Power aims to improve employee engagement and financial well-being by allowing them to make purchases through manageable installment payments deducted directly from their paychecks. Below is the list of lookalike companies of Purchasing Power:
Is Purchasing Power legit? Purchasing Power is a legit company. The business is probably worth using if you're an employee who wants to finance purchases without the charges that come with major credit cards, but this service is available only to staff of participating employers.
What does purchasing power company do?
We give employees an affordable way to meet these needs today and pay for them over time in a budget-friendly way. We also offer financial wellness tools to help program members find their best financial future. Learn more about our products.
Who owns purchasing power?
Purchasing Power, LLC, a voluntary benefit fintech company that offers the leading employee purchase program through the convenience of payroll deduction, announced today it closed a $175.34 million securitization. Purchasing Power® is majority owned by Flexpoint Ford, which acquired the business in 2016.Apr 20, 2021
Does purchasing power run your credit?
Do you require a credit check to use Purchasing Power? No, you can buy now with no credit checks! Since your payments are taken straight from your paycheck, we don't require any credit inquiries which could potentially harm your score.
We look into multiple data points: CPP ads data, company description, company employee experience and skills. We also use AI to summarize and extract keywords from the home page of Purchasing Power and compare that with other companies.
Similarity score
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CPA data
keywords companies bid on display ads on search engines
Company description keywords
Including industry indicators and specialties
Employee description keywords
what people actually do at the company
Publicly available comparison data
such as reviews of competing products/services
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Financial Wellness Partners
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