PROG Holdings PRG Purchasing Power — Provision for lease merchandise write-offs
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Where this comes from
Reported directly by PROG Holdings in its filing.
Tagged under the XBRL concept us-gaap:DirectFinancingLeaseNetInvestmentInLeaseAllowanceForCreditLossWriteoff.
The official record: PROG Holdings’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is PROG Holdings's purchasing power — provision for lease merchandise write-offs?
- PROG Holdings (PRG) reported purchasing power — provision for lease merchandise write-offs of $0 in Q1 2026.
- What does purchasing power — provision for lease merchandise write-offs mean?
- This metric tracks the estimated losses from uncollectible lease merchandise or damaged inventory within the Purchasing Power segment. It serves as a critical indicator of credit quality and asset recovery effectiveness for the segment's lease portfolio. High levels of write-offs may signal deteriorating consumer credit health or ineffective underwriting practices.