RTO Legislative Activity

RTO Legislative Activity - Independent Studies of Rent-to-Own

Survey of Rent-to-Own Customers published by the Federal Trade Commission’s Bureau of Economics Between December 1998 and February 1999, more than 12,000 randomly selected U.S. households were surveyed, identifying more than 500 rent-to-own customers who were interviewed about their experience with rent-to-own stores. The survey is the first study on rent-to-own customers and the industry by a federal governmental body.

Click here to download this survey.

 

Rent-to-Own Agreements: Purchases or Rentals? By Michael H. Anderson and Raymond Jackson Published in the Journal of Applied Business Research, spring 2003 The authors of this study examine the nature of rent-to-own agreements by using a unique data set of more than 350,000 transactions drawn from 100 rent-to-own stores in 46 states. The main result is that rent-to-own agreements are more frequently used for short-term needs rather than as a method of acquisition. Legislative and legal efforts to classify rent-to-own agreements as primarily installment contracts cannot be justified by their statistically proven pattern of use in the marketplace.

Click here to download this study.

 

independent studies of the rent-to-own industryA Reconsideration of Rent-to-Own By Michael H. Anderson and Raymond Jackson Published in the Journal of Consumer Affairs, winter 2001 This study investigates the market value and customer pattern rent-to-own provides in the American economy.

Click here to download this study.
 

Please review the following website - Rent-to-Own Congressional Web Site - for the current legislative context, issues and history for the rent-to-own industry and the U.S. Congress.

 

APRO: The Association of Progressive Rental Organizations— the official voice of the rent-to-own industry Founded in 1980, APRO is the national, non-profit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media, Wall Street and the public. Click here to contact an APRO representative.





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

Complete issue of Progressive Rentals April - May 2008
Download the entire April - May 2008 issue of Progressive Rentals by clicking on the link above (PDF file size is approximately 9 MB). by APRO

 

Make the Connection!
APRO's 2008 Rent-to-own Convention and Buying Show
By Shelley Martinek and Neil Ferguson

Meet us in St. Louis and make your rent-to-own connection at APRO's 2008 Convention and Buying Show, August 11-14. It's the industry's must-see event of the year and we've got all the details and registration forms within these pages.

 

In Search of the Industry's Finest
By Richard May
APRO's annual RTO Customer of the Year and Employee of the Year awards shed light on what makes this industry great. We're asking for your help in finding this year's recipients--we'll even pay you for your efforts! Check out profiles of past recipients and then start your search.

 

Rent-to-own and Islam
By Ed Win III
What do rent-to-own and Islam have in common? Quite a lot, actually. Islamic populations governed under Sharia law are being told they cannot enter into transactions where interest is charged. Enter ijara--rent-to-own Muslim-style.

 

APROfile: Scott Brown
By Kristen Card
Scott Brown, a former record-breaking swimmer, now dives into his ColorTyme franchises with ambitious goals, plans and processes for unsinkable success.

 

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