About Rent-to-Own

About Rent-to-Own - Rent-to-Own: Cost vs. Value


  • No long-term obligation.
  • Terminate the agreement at any time for any reason.
  • Never incur debt.
  • Credit is never extended.
  • Credit checks are never required.
  • Flexible payment options: weekly, bi-weekly, monthly.
  • Early-purchase options-offering significant price reductions.
  • Re-instatement rights. If a customer has to return a product for any reason during the payment cycle, rent-to-own companies will re-instate the payment history when the customer is financially secure again. Re-instatement rights are governed by state law regarding time limits to re-instate rental payments. Many companies offer lifetime reinstatement for products.
  • Access to brand new, name-brand household merchandise for a low weekly payment.
  • Delivery, set up and pick up are all included in the rent-to-own payment.
  • 100 percent service on the product while making rent-to-own payments. Rent-to-own service is still guaranteed after manufacturer's warranty and extended warranties expire.
  • Loaners during repairs-the rent-to-own company will provide a replacement product while the product is being repaired.
  • The value of rent-to-own is its products combined with the service, flexibility and no-obligation transaction offered-and that adds up to value for the price.



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RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.
Click the links below to download each article as a PDF

Complete issue of RTOHQ: The Magazine | January-February 2010
Download the entire January - February 2010 issue of RTOHQ: The Magazine by clicking on the link above (PDF).

 

The Year of the Tiger
by Kristen Card

According to Chinese astrology, the Year of the Tiger begins in February 2010. Tiger John Cleek is making the most of it as he winds down his two-year term as APRO’s president. He reflects on personal and industry-wide accomplishments and the love of family that sustains him.

 

Following the Leaders

In the 30-year history of the Association of Progressive Rental Organizations, 17 rental dealers have served as president. To mark APRO’s special anniversary, 15 of these leaders share their experiences in helping to shape the rent-to-own industry.

 

The Keep Rate Conundrum
by Ed Winn III

Calculating keep rate does not seem to improve the rent-to-own business in any discernible way—and yet this calculation, beyond all the others, has had enormous legal and political implications for rent-to-own almost since its inception.

 

Vendor Spotlight: What's in a Name?
by Neil Ferguson

These three departed rent-to-own vendors--Joe Eason, Tom Kitchens and Norm Smith--live on, their names indelibly linked to key industry events and honors.

 

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Association of Progressive Rental Organizations
1504 Robin Hood Trail
Austin, Texas 78703
800/204-2776, ext. 103
Fax 512/794-0097