2.1.3. Rent-to-Own Loans
Unlike cash advance outlets or pawnshops, rent-to-own stores try not to create money loans; alternatively, they enable clients to acquire things on credit. The consumer gets the item—typically durable products such as for example electronic devices, furniture, or appliances—for use that is immediate among the 8,000 rent-to-own stores across the nation (Czerwonko 2012). (more…)