Think Finance Debuts Consumer Electronics Retail Site For The Unbanked

Think Finance, a company that helps serve the banking needs of the "unbanked", is unveiling Presta, a new consumer electronics retail site that gives customers the option to lease-purchase electronics. Think Finance caters to the 60 million "unbanked," individuals in the U.S., which designate consumers who don't have traditional bank accounts or cannot qualify for credit cards. The company says that 25% of Americans have FICO scores less than 600 and are facing dramatically reduced access to credit and banking services. Think Finance provides this population with pre-paid debit cards, online installment loans, financial literacy tools, and more. The company has served more than 1 million customers through its existing products.

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