Rent-to-own (RTO) companies Rent-A-Center, Buddy’s and Aaron’s have all settled a case with the Federal Trade Commission (FTC) alleging they made reciprocal non-competition deals with each other that violated federal antitrust law and created an environment that limited choices for consumers, according to an FTC...
Rent-A-Center‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to reinvent itself as it becomes a private company under its new ownership. Vintage Capital affiliate,...
February 21, 2020
Rent-to-own (RTO) companies Rent-A-Center, Buddy’s and Aaron’s have all settled a case with the Federal Trade Commission (FTC) alleging they made reciprocal non-competition deals with each other that violated federal antitrust law and created an environment that limited choices for consumers, according to an FTC press release. The complaints said from June 2015 to May […]
June 19, 2018
Rent-A-Center‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to...