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Rent to Own: In the News

The Future of Wall Street Regulation Is in Andrew Cuomo's Hands (New Republic)

New York Governor Andrew Cuomo must soon appoint a replacement superintendent for the state Department of Financial Services (DFS), an obscure regulatory position that the current head, Benjamin Lawsky, elevated into a major national player over the past four years. Read More

Rent-A-Center CEO: New Consumer Bureau Won't Have Authority Over Us (Huffington Post)

Consumer advocates say that the high interest rates that Rent-a-Center effectively charges are no different from the sky-high terms offered by payday lenders. Now, some are looking to Richard Cordray, recently installed at the helm of the newly created Consumer Financial Protection Bureau, to rein in the retailer. Read More

Senator Schumer Reveals: Buffalo's Rent to Own Industry Ripping off Thousands

Senator Schumer reveals a new survey that showed Buffalo's rent to own industry using deceitful lease agreements. Read More