timeline

The Consumer Rental-Purchase Agreement Act by Sen. Mary Landrieu is introduced in the Senate. The Senate bill generates 19 Senate co-sponsors.

President George Bush announces the U.S. economy is in danger due to toxic mortgage loans and consumer credit crises. The economic circumstances create media opportunities that promote rent-to-own’s role in

Bill Tennison is announced as APRO’s Employee of the Year.

Kim Royal is APRO’s Customer of the Year.

U.S. Senator Charles Schumer re-introduces the Rent to Own Reform Act – S. 1530 to “reign in these highway bandits.” The introduction sets off a series of news reports negatively

APRO donates $50,000 worth of product and money to the Congressional Black Caucus Foundation Silent Auction. This is the 10th year of APRO’s donation campaign to the CBCF Scholarship Foundation.

APRO awards its first $2,000 scholarship to Show Me Rent to Own employee. Penny Wyatt from Desloge, MO, attending Mineral Wells College. Wyatt is a special recipient of the scholarship

APRO conducts its second “Computers for Kidz” computer donation, donating 30 computers to St. Louis schools in conjunction with Rep. William Lacy Clay.

“Rent-to-own Agreements: Customer Characteristics and Contract Outcomes” by UMASS Finance Professor Dr. Michael H. Anderson and California Polytechnic State University Finance and Economics Professor, Dr. Sanjiv Jaggia is published in

The continued economic downturn helps RAC and Aaron’s as CNBC’s featured stocks. The industry begins receiving first tier national coverage as the economy worsens due to high gas prices and