Progressive Leasing Repossession Policy Explained

"Past Due" stamp on a statement envelope

Short Answer — Progressive Leasing can repossess your item(s) for nonpayment, but the company’s in-house collections department will attempt to contact you multiple times before repossession. The company may also be able to change or extend your payment schedule.

Progressive Leasing Repossession Policy

Progressive Leasing can repossess items if you fail to make your required payments. But, before taking repossession, you’ll receive multiple calls, notices in the mail, and emails from Progressive Leasing’s in-house collections department in an attempt to recover payment.[1]

If your items are repossessed, you are still liable for the amount owed. Customer service representatives were unable to confirm whether or not there are repossession fees.[1]

How to Change Your Payment Schedule

Progressive Leasing partners with numerous stores (see our list of stores) and allows you to choose the frequency of your payments. The shortest available lease period is 90 days; the longest lease period is 12 months.[2]

Because payments are automatically withdrawn from your bank account, you’ll need to contact Progressive Leasing before your scheduled payment date in order to make a change.[3]

If you know you can’t make a payment, you should contact Progressive Leasing at least three business days before the payment is scheduled by calling (877) 898-1970 or emailing

A customer service representative may be able to alter your payment schedule or push back payments up to 45 days.[1][4]

How to End Your Lease

As long as your payments are up to date, you can end your lease, return the item(s), and not owe any additional money, aside from unpaid lease-to-own costs — unless the store where you purchased the item charges a restocking fee.[1][5]

To end your lease, contact Progressive Leasing by calling (877) 898-1970 or emailing

Potential Impact on Credit

Progressive Leasing only performs a soft credit pull, which does not affect your credit score, and will not report nonpayment to the major credit bureaus.[5] However, the company can take you to court for nonpayment.

Additionally, because Progressive Leasing doesn’t report to credit agencies, you can’t build your credit by leasing with the company.[5]

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