timeline

Rent to own industry shows continued growth for more than a decade, reflecting a $6.8 billion industry with an increase to 3 million customers.

APRO Employee of the Year, Jonathan Brown from BestWay in Tappahannock, VA is honored at the APRO convention in Reno, NV.

“Renting the Good Life” Law Review article published into William & Mary Law Journal. “Renting the Good Life” is an independent legal review of the rent-to-own transaction adding to the

The University of Clemson releases a sociological report study that cites rent-to-own serving a need to the Asset Limited Income Constrained (ALIC) consumer in America. The independent study is the

U.S. Senator Charles Schumer introduces the Rent-to-Own Reform Act of 2007. The bill is detrimental to the RTO industry and Schumer uses the bill for television press coverage throughout New

Rent-A-Center settles the New Jersey court case for $109 million.

FICO, the nation’s largest and most popular credit scoring system, issues a press release stating they will use rent-to-own payments as a part of their new credit scoring system for

The El Paso Times cites rent-to-own as the wisest transaction for musical instruments.

The Consumer Rental-Purchase Agreement Act by Rep. William Lacy Clay is introduced in the House. The bill generates 99 house co-sponsors – the most House co-sponsors yet. The bill sponsor

The Consumer Rental-Purchase Agreement Act by Sen. Mary Landrieu is introduced in the Senate. The Senate bill generates 21 Senate co-sponsors.