Industry

     smallyellow  $8.5 Billion in Annual Revenue

     smallyellow Over 4.5 Million Customers Annually

     smallyellow Thousands of Stores worldwide

     smallyellow Rentals can be weekly, bi-weekly, or monthly

     smallyellow No credit needed -- customers pay as they go

     smallyellow Customers own product at end of rental agreement

  

 

What is Rent-to-Own?

The $8.5 Billion specialty retail category known as Rent-to-Own or “RTO” for short, serves millions of households annually. The term “rent” distinguishes it from a traditional credit sale as no interest is charged to customers. The transaction also requires no credit and customers can return the merchandise at any time without a penalty. With free delivery, repair and replacement included, it is easy to see why millions of consumers turn to RTO each year for the latest name-brand products.

 

While Rent-A-Center is the leader in the specialty RTO category, we’re not alone.  The RTO sector boasts thousands of stores in North America serving millions of households according to the industry trade organization APRO, of which Rent-A-Center is a member.

  Market Leader Chart 8.31.16

 

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