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Rent-a-center Inc

26.66

+0.16 (+0.60%)

Last Update: 28 Apr 2023 16:30:00

Yesterday: 26.5

Day's Range: 26.44 - 27.22

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When Written:

23.13

Rent-A-Center Inc. is a publicly traded American company that provides rent-to-own services for furniture, electronics, appliances, and other household items. The company was founded in 1986 and is headquartered in Plano, Texas. It operates over 2,000 stores in the United States, Mexico, and Puerto Rico, and has approximately 14,000 employees.

Rent-A-Center allows customers to rent items for a set period of time and then either return them or purchase them outright. The company offers flexible payment options and does not require credit checks or a long-term commitment. It also provides free delivery and set-up for most items.

Rent-A-Center has faced criticism for its high prices and aggressive collection practices. In 2018, the company settled a lawsuit with the Federal Trade Commission over allegations that it misled customers about the cost of its rental agreements. Despite these challenges, Rent-A-Center remains a popular option for consumers who need short-term access to household goods.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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