I’ll share to you a certain company that really astonished me. It is the RTOHQ, a rent-to-own association composed of dealers who rent stuff with an option to buy. I thought this is something new, but after I read a lot about their company, I found out that they have been on this business since 1980. They are the answers to our critical economy nowadays. They help consumers acquire the use of household products such as furniture, electronics, major appliances, computers, instruments and many more without incurring debt or jeopardizing the family’s credit through this rent-to-own program. They help consumers avoid the long-term financial obligations associated with credit sales. What made them different from retail credit is the term “rent”. They do not charge interest to consumers. So, it is 100% worry-free.
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The Association of Progressive Rental Organizations (APRO) is the non-profit trade association and the international voice on this industry. They are the one that helps and works on behalf of rent-to-own businesses. They offer many tools and stuff for business owner. They give their very valuable advices on this area of business. Check on their rent-to-own magazines . If you wish to received regular rent-to-own newsletter, visit their website and fill up a short form.
2 comments:
i wish there is a similar business like that here in the Philippines. Rent-to-own houses are common here but rent-to-own furnitures, that's very cool! thanks for the post.
OT: please do visit forums at pinoymoneytalk.com for more cool business ideas. thanks ms. grace!
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