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.



Featured APRO Photo:
From the APRO 2007: William Lacy Clay reception Album
Clay fundraiser 21
View All RTO Photos
in the RTOHQ.org gallery
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