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In spite of dubious business practices by some companies in the industry, the $7 billion rent-to-own industry grew from 2.7 million customers in 2005 to 4.1 million in 2009, according to ...
Topping the complaint list were cell-phone companies, with 38,420 complaints, up 41% over 2010. After that, the list includes (in order of number of gripes): new-car dealers
Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...
Flickr source The rent-to-own industry is ubiquitous, and rent-to-own stores can be found everywhere these days, offering anything from big screen HDTVs, computers, refrigerators and other major ...
ColorTyme that the lease agreements offered by ColorTyme were covered under the state's Consumer Credit Sales Act, and that the lease agreements were therefore not leases but sales on credit. The court further held that the company was charging usurious rates of interest to its customers. [ 2 ]
Rent-A-Center is an American public furniture and electronics rent-to-own company based in Plano, Texas. [3] The company was incorporated in 1986 and as of 2014 operates approximately 2,972 company-owned stores in the United States, Puerto Rico and Mexico, accounting for approximately 35% of the rent-to-own market in the United States based on store count.
Remote workers upset about return-to-office rules basically have no legal path against the policies. "Unless there's a protected reason under established law," a worker has no recourse, a lawyer said.
The terms poverty industry or poverty business refer to a wide range of money-making activities that attract a large portion of their business from the poor.Businesses in the poverty industry often include payday loan centers, pawnshops, rent-to-own centers, casinos, liquor stores, lotteries, tobacco stores, credit card companies, and bail-bond services.