Rent-to-own News

Rent-to-own News - ColorTyme rent-to-own franchise debuts in Houston

May 17, 2011

ColorTyme, a widely known and trusted brand for more than 30 years, has opened a store in Houston thanks to two local residents. Owners Mike Do and David Rogers recently introduced their first of what they hope to be many locally owned-and-operated rent-to-own franchises in the area.

“We’re proud to meet the needs of people in our hometown and bring a superior rent-to-own experience to Houston. People here deserve the best, and that’s what they get when they walk into ColorTyme,” said Do. “We’re happy to provide a more personalized, customer-focused renting option to the area, and we hope to open several ColorTyme stores over the next few years for everyone to enjoy.”

The new store offers low prices on rent-to-own items for the home including appliances, furniture and electronics. ColorTyme offers customers flexible payment options to get the name-brand products they desire without a credit check. In addition, service, delivery and set-up are included at no extra charge.

Do and Rogers are confident that opening ColorTyme was the best choice for customers and for themselves.

“We wanted to invest in something that would benefit our friends, neighbors and all the good people in Houston. We are eager to get to know our customers and be a positive part of their lives,” said Rogers. “As far as franchising goes, we feel ColorTyme is the best opportunity in rent-to-own. They offer the best inventory purchasing program and financing system of any rent-to-own franchise around, and we’re impressed with the level of support we get every step of the way.”

The new ColorTyme is located at 1808 Wirt Road. The store is planning to hold a large grand opening event in the near future.

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
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.

CLICK HERE FOR OUR DIGITAL RTOHQ: THE MAGAZINE

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 March-April 2012.

A New Rent-to-Own Experience

by Neil Ferguson

Here’s the lowdown on APRO’s 2012 Convention and Trade Show, July 24-26 in Memphis. The RTO industry’s big event will offer many valuable experiences, including insights on how to turn your stores into “experiences”–the good kind for consumers

Who Is Your Competition?

by Bill Keese

In order to expand your customer base, you can learn a lot by observing your competitors. But first, you need to figure out just who they are. If you think your only competition is the rent-to-own store down the street, you’re not considering the bigger picture. APRO’s executive director offers a big-picture perspective.

A Review of Online Customer Complaints

by Ed Winn III

While rent-to-own companies have not cornered the market on negative reviews posted on consumer complaint websites, it’s no surprise that there are cyberspace beefs against RTO. APRO’s general counsel reviews some of them in search of a pattern and he considers appropriate response to online complaints.

Rent-to-Own Families, Part VIII

by Kristen Card

Our series of family-run rent-to-own businesses continues with profiles of the Homeiers in Kansas and two Texas-based sets of kindred colleagues, the Spangles and the Weisblatts.

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