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The Consumer Reports investigation found deals where a $600 computer cost nearly $1,900 after less than year's worth of payments, and a washer-dryer combo with an original price tag of $1,000 cost ...
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.
Accusing Rent-A-Center of using collection tactics and charging fees just this side of a loan shark, Washington state is asking a judge to declare the practices illegal and halt them.
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 ]
Inflation soared in May, with the CPI-U all-items index increasing 8.6% for the 12 months ranging from May 2021 to May 2022 -- the largest 12-month increase since Dec. 1981, according to the ...
Consumer Reports states that PriceGrabber places the ads and pays a percentage of referral fees to CR, [25] who has no direct relationship with the retailers. [26] Consumer Reports publishes reviews of its business partner and recommends it in at least one case. [27]
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Consumer Reports is a United States-based non-profit organization which conducts product testing and product research to collect information to share with consumers so that they can make more informed purchase decisions in any marketplace.