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Conn's, GE Capital Extend Card Program

By Home Furnishings Business in Customer Service on October 23, 2012

Home furnishing retailer Conn's Inc. (NASDAQ: CONN) and GE Capital have announced a multi-year extension of their consumer finance program.

GE Capital's Retail Finance business will continue to service a card program launched at the specialty retailer of home appliances, furniture, mattresses and consumer electronics in 2009.

The consumer financing program was expanded and extended through 2016, providing qualifying customers with access to a Conn's-branded credit card and special financing options. Customers can apply for the Conn's Card in stores, as the Conn's credit program is available at all of its retail and clearance store locations in Texas, Louisiana and Oklahoma.

"Conn's has been one of the region's leading retailers for more than a century and the vast majority of their sales involve financing," said Paul Schell, general manager, consumer electronics and appliances for GE Capital's Retail Finance business. "We're honored to continue working with Conn's to provide convenient financing options that help satisfy their customers and solutions that help Conn's continue to build their business."

"Through various financing programs offered to qualified customers by GE Capital, customers have access to a dedicated line of credit to use for all of their purchases at Conn's," said Theodore M. Wright, chairman and CEO of Conn's. "Our relationship with GE Capital has assisted us in providing our customers with greater value and more convenient and flexible ways to pay for durable goods for their home."

Conn's operates 65 locations in Texas, Louisiana and Oklahoma: with 22 stores in the Houston area, 14 in the Dallas/Fort Worth Metroplex, seven in San Antonio, three in Austin, one in Waco, five in Southeast Texas, one in Corpus Christi, four in South Texas, six in Louisiana and two in Oklahoma.



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