RTO Legislative Activity

RTO Legislative Activity - Rent-to-own vs. Other Public Companies

The Truth about Rent-to-Own Profits

Rent-to-own’s supposedly “exorbitant” profits have been a primary point of criticism from the industry’s detractors—but the numbers show that RTO profits are in fact lower than many corporations in the U.S. This chart represents a sampling of public companies and their profit margins as reported in their SEC public filings. Included are two public rent-to-own companies—Rent-A-Center and Aaron’s.

 

Note that the profit margins for both rent-to-own companies on the list are much lower than the profits earned by such public corporations as Microsoft, McDonald’s and General Electric.

 

Click here to download a PDF of this profit-comparison chart.

 

rto-profits.gif

 

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.

 





Featured APRO Photo:
From the APRO 2007: Welcome Reception Album
Welcome reception 22

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