Page 21 - Drive First Gear Complete - Web

What is Rent

The rent-to-own (RTO) industry, sometimes called “rental purchase”,
has been around since the late 1960s. It was designed to give people TO
who may not qualify for credit the use of merchandise they need
to improve the quality of their lives. Customers can shop for items
without the fear of credit turndown or other restrictions, and the
process to rent is simple. Own?

All that’s required is:
• Verification of personal references, address, and employment
• An initial rental payment in advance
• A signed agreement
• A govenment issued ID

And then the customer just has to be home to receive the delivery-
generally the same day!

At the end of each rental period (weekly, biweekly, monthly, etc.),
the customer can always:
• Return the product without cost or further obligation
• Continue renting by making the next rental payment COMPANY OVERVIEW & HISTORY / OUR MISSION / WHAT IS RENT-TO-OWN?
• Exercise an option to purchase the
merchandise outright at a cash discount

There are significant
differences between
RTO and the practice of
financing or installment sales.
RTO is a complete program of
services and benefits that offers
the customer flexibility in use of
the product without obligation and
freedom from the worries of product
failures. Benefits include these and more:

• No interest
• No credit check
• Payment flexibility
• Delivery and setup included
• Optional Benefits Plus discount program
• Free service and product loaners during service

Did You Know?

Rent-A-Center is the leader of the RTO industry!
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