The rent-to-own and lease-to-own retail concepts that seem tailor made for recession-pressed consumers with subprime credit are in fact seeing their models tested by an unforgiving market where shoppers are showing a preference for bargains and extra sensitivity toward fees. The latest example of this...
Australian FinTech startup OwnHome, which has a goal of “turning renters into property owners,” has raised $31 million in a Series A funding round, according to a report Friday (Feb. 4). The money will go towards the customer platform and growing the company portfolio. OwnHome...
At a time of huge digital transformation when consumers have quicker access to more products and services than ever, why be clunky if you can be seamless? So goes the thinking of Jason Hogg, the recently hired executive vice president of the Preferred Lease unit...
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...
September 30, 2022
The rent-to-own and lease-to-own retail concepts that seem tailor made for recession-pressed consumers with subprime credit are in fact seeing their models tested by an unforgiving market where shoppers are showing a preference for bargains and extra sensitivity toward fees. The latest example of this low-end shift was seen Thursday (Sept. 29) in a statement […]
January 08, 2021
At a time of huge digital transformation when consumers have quicker access to more products and services than ever, why be clunky if you can be seamless? So goes the...
August 10, 2018
As the digital economy expands, notions of ownership and loyalty change. The so-called sharing and gig economies enable consumers and workers to use products and take jobs without full commitment....
February 06, 2022
Australian FinTech startup OwnHome, which has a goal of “turning renters into property owners,” has raised $31 million in a Series A funding round, according to a report Friday (Feb. 4). The money will go towards the customer platform and growing the company portfolio. OwnHome looks at first-home buyers who are currently renting and can […]
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...
