Incremental Store Traffic
Financing Traffic
Customers who secure loans frequently engage in shopping and spending during their visit to the store. Financing not only attracts foot traffic but also stimulates sales.
Payment Traffic
On average, loans extend over a 90-day period with monthly payments. Customers revisit the store each month to fulfill their payments, thereby boosting foot traffic.
Return Traffic
Following their initial loan, the average customer tends to pursue a second loan within the same year, effectively doubling payments and increasing foot traffic generated by financing activities. This cycle fosters a higher rate of repeat customers.