Rent-to-own News

Rent-to-own News - Rent-A-Center contributes $2K to library at store opening

June 2, 2009

Starting today, customers in Novi, Michigan, and surrounding communities have a new choice available when it comes to renting or buying brand-name furniture, appliances, electronics and computers.

Rent-A-Center is celebrating the opening of its newest store at 5 p.m. on Tuesday, June 2. Featuring approximately 4,500 square feet of high-quality merchandise, the new store is located at 31152 Beck Road in Novi.

Customers will find Rent-A-Center’s local staff ready to help them get the right item along with the right payment plan to fit their budget.

“From bedroom sets to washers and dryers, we’re going to help people find what they need and a payment option that works for them,” said Larry Berry, store manager.  “Our goal is to help every customer who walks through our door meet a home furnishings need.”

$2,000 Community Grant Awarded

To show its appreciation for being welcomed to the Novi area, Rent-A-Center is contributing a $2,000 grant to the Novi Public Library to purchase books, DVDs and audio books to help people enhance their personal finance knowledge and skills. The check presentation will be held at the store during its ribbon-cutting ceremony with the Novi Chamber of Commerce scheduled for 5 p.m. Tuesday, June 2.

On a national level, Rent-A-Center actively supports programs that benefit its customers.  The company has committed more than $2.1 million in support of Big Brothers, Big Sisters; Boys and Girls Club; Junior Achievement and Feeding America over a four-year period.

Rent-A-Center offers a variety of name-brand merchandise from trusted manufacturers such as Sony, Whirlpool, Ashley, Dell, Serta, Phillips and HP and offers weekly, semi-monthly and monthly terms.

Customers also have the ability to terminate the rental agreement without penalty anytime after the initial rental period. A lifetime reinstatement policy permits customers to simply pick up where they left off if they choose to re-rent their returned, or comparable, items.

While Rent-A-Center does not perform credit checks, the Company encourages all individuals to create a household budget before making any financial decisions.  Assistance with creating a budget is available at many educational institutions and social service agencies.

“Customers should also feel comfortable asking questions anytime during their visit to our stores,” said Douglas Belt, district manager for Rent-A-Center.  “Although the rent-to-own concept is extremely simple, we don’t want our customers to have any uncertainty about their agreements with us.”

The store will be open from 10 a.m. to 7 p.m. Monday through Friday and 9 a.m. to 6 p.m. on Saturdays.  All Rent-A-Center stores are closed on Sundays.

mevans@rtohq.org

          

About APRO
The Association of Progressive Rental Organizations is the official voice of the rent-to-own industry and the most accurate and trustworthy source of rent-to-own news in the industry. Founded in 1980, APRO is the national, nonprofit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media and the public.

For more information, visit www.rtohq.org.




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RTOHQ: The Magazine’s upgraded digital format

APRO's new, mobile-ready magazine is now available in addition to our print edition. The digital format provides the same informative content as our printed magazine, but also offers tools to make the reading experience more enriching. Access the table of contents page with one click or tap. Get additional information from advertisers by clicking on the links in their ads. The interface is easy to navigate and requires no special app—read our magazine on your computer, digital table or smartphone. Click here to access the digital version of RTOHQ: The Magazine November-December 2011.

 

Marketing Matters

This year marks the launch of a marketing campaign initiated by APRO to build the rent-to-own customer base. It will be a multi-year endeavor employing multiple strategies. In this and upcoming issues of our magazine, we will address the many facets of marketing that affect our industry.

 

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Future issues of APRO's magazine will be available in this same new format. Click here to access past issues that are not yet archived in the new interface.

 

Association of Progressive Rental Organizations
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Fax 512/794-0097