Leath Furniture Renews Credit Card Program with Conseco Finance

Furniture World Magazine

Conseco Finance Corp. announced that Leath Furniture, L.L.C., recently renewed its retail credit program agreement with the company. A Conseco Finance client since December 1996, Leath has signed a multi-year agreement. "We’ve had a great relationship with Conseco Finance," said Barbara Snow, chief financial officer of Leath Furniture, L.L.C. "We value the people we work with at Conseco Finance. They’ve demonstrated a lot of integrity. We had other bidders, but our established relationship was the deciding factor." Based in Atlanta, Leath operates 26 stores and two distribution centers in Wisconsin, Illinois, Indiana, Michigan and Florida. In Florida, the company operates as Modernage Furniture stores. Conseco Finance Corp., with total managed assets of $48 billion, is one of America’s largest finance companies. In just four years, Conseco Finance has become one of the top five issuers of private-label credit cards. The company is also a leader in the home equity, home improvement and manufactured housing finance businesses. Conseco Finance is a subsidiary of Conseco, Inc. (NYSE: CNC), headquartered in Carmel, Ind. To learn more about Conseco, visit www.conseco.com.