Press Release

Purchasing Power , today announced that Joseph (“Trey”) Loughran has been appointed as the company’s Chief Executive Officer. Loughran succeeds Richard (“Ritt”) Carrano, who has served as a senior executive of the company for 18 years and CEO since 2011. Mr. Carrano will continue to serve as a...

Bryon Colby has been named Chief Digital Marketing Officer at Purchasing Power, LLC, a voluntary benefit company offering the leading employee purchase program through the convenience of payroll deductions. Colby will relocate from Cincinnati to be based in Atlanta and report directly to Purchasing...

While financial literacy means having the skills to make smart decisions with money, achieving financial flexibility can make everyday life more affordable by making money go farther. Purchasing Power, a voluntary benefit company that offers a leading employee purchase program through the...

Today, Purchasing Power reported vigorous revenue growth for 2018, a 12.4 percent increase over 2017. Furthermore, adjusted EBITDA in 2018 increased by 10.4 percent compared to the previous year’s performance. “I’m incredibly proud of the double-digit revenue growth streak we’ve achieved, not only...

To underscore the importance of understanding financing options and credit card debt in a paycheck-to-paycheck reality, Purchasing Power is sharing tips to educate consumers about their choices for meeting short-term purchasing needs without compromising their long-term finances. “Paying cash or...