Provider of lease-to-own furniture, electronics, appliances, and computers in the United States.
Rent-A-Center, Inc., along with its subsidiaries, specializes in leasing household durable goods through a lease-to-own model, providing accessibility to a wide array of products across various segments. The company operates through four distinct segments: Rent-A-Center Business, Acima, Mexico, and Franchising, catering to diverse consumer needs.
Under the Rent-A-Center Business segment, the company leases furniture, appliances, consumer electronics, computers, smartphones, tools, tires, and other accessories through rental purchase agreements. This allows customers the flexibility of acquiring essential household items without the need for immediate large-scale financial commitment.
Additionally, Rent-A-Center offers merchandise on an installment sales basis, providing alternatives for consumers seeking more traditional payment structures. For those unable to secure financing through conventional retail channels, the company operates kiosks within retailer locations, facilitating lease-to-own transactions.
Founded in 1960 and headquartered in Plano, Texas, Rent-A-Center operates retail stores under various banners such as Get It Now and Home Choice, along with lease-to-own stores branded as Rent-A-Centre, ColorTyme, and RimTyme. Complementing its physical presence, the company also operates an e-commerce platform, rentacenter.com, enhancing accessibility and convenience for its customer base across different geographies.