Zale Corp (ZLC) Adds Genesis Financial to Alternative Financing Program
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Zale Corporation (NYSE: ZLC) today announced the addition of Genesis Financial Solutions, Inc. (“Genesis”) to its U.S. alternative financing program. The partnership with Genesis is consistent with the company’s strategy to enhance access to financing for its customers. This new financing option, which became available in October, is offered in Zales, Zales Outlet and Gordon’s retail stores.
Genesis is a consumer finance company that specializes in providing financing to consumers with near-prime and non-prime credit. Citibank (South Dakota), N.A., remains the company’s primary consumer financing provider in the United States. Zale will offer a Genesis revolving line of credit to select customers whose credit applications have been declined by Citibank, providing them with an affordable option and similar repayment terms.
Genesis is a consumer finance company that specializes in providing financing to consumers with near-prime and non-prime credit. Citibank (South Dakota), N.A., remains the company’s primary consumer financing provider in the United States. Zale will offer a Genesis revolving line of credit to select customers whose credit applications have been declined by Citibank, providing them with an affordable option and similar repayment terms.
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