Rent A Center Entertainment Center (2024)

FAQs

Does renting with Rent-A-Center affect your credit? ›

2. Does Rent-A-Center build credit? Rent-A-Center lease-purchase agreements do not report to credit bureaus and can neither help nor hurt your credit history.

Renewal Payments received after the due date may be assessed a late fee in the amount specified in the rental agreement to the extent permitted by applicable state laws. Customers using online payment processing to make their payments are required to pay each agreement on which a payment is made, in full.

All that Rent-A-Center requires from its pending customers is a verifiable source of income, which can be anything from check stubs to a letter of employment. Proving your earnings is an integral part of the process to ensure a seamless rental experience.

If you failed to pay the rent and they had a right to repossess in your contract, then yes they can file a complaint with law enforcment for theft. So surrender the items ( you will live without a dryer) and be prepared for them to make a claim for rent and damage.

OAKLAND – California Attorney General Rob Bonta today announced a $15.5 million settlement against Rent-A-Center, one of the nation's largest rent-to-own companies, for violations of state consumer protection laws relating to unlawful leasing practices and deceptive marketing.

At Rent-A-Center, each refurbished item is restored to the best possible condition. We do the work, so you can enjoy the savings. Used laptops, computers, and electronics go through a factory reset process to restore the memory and remove all previous customer information. The rental items are thoroughly cleaned.

At any time, you can contact your store to schedule a return of your product or return the merchandise in person and pause your payments. When you're ready, you can come back, reinstate your agreement to get the same or comparable item, and pick up your payments right where you left off.

Yup, if you rent a PS5 from Rent-a-Center, they can track it. They use your rental agreement details and other methods to keep tabs on their stuff.

In some cases, a payment that's just a few days late won't be a problem; payments that are 30 days late or more are likely to affect your credit score. If you do see a negative report from a late payment, getting back on track with regular, on-time payments can help bring it back into order.

What about Rent-A-Center? We only require your name, contact information, date of birth, information about your income and residence, and then a minimum of two references.

How does Rent-A-Center verify identity? ›

Generally, we do not conduct a formal credit investigation of our customers. In the Rent-A-Center Business segment, we primarily verify a customer's residence and sources of income. References provided by the customer are also contacted to verify certain information contained in the rental purchase order form.

The Same as Cash period provides your lowest early purchase option price. In the same as cash period, you can purchase the item by paying the difference between the rent you've already paid and the cash price shown on your agreement at any time before the Same as Cash period ends.

We will not engage in any illegal or unfair business practice, including the use of a competitor's proprietary or confidential business information, such as customer lists. Under no circ*mstances will we enter into any agreement that unreasonably restrains competition, including price fixing.

No, Rent-A-Center will not help you build credit because the company's pay-to-own model does not require a credit check or involve borrowing money. Rent-A-Center customers rent items with an option to purchase, and on-time payments will not be listed on customers' credit reports.

If you fail to make the agreed-upon payments after reaffirmation, the creditor can repossess the furniture and hold you personally liable for the remaining debt. This means that if the furniture is sold for less than the amount you owe, you'll be responsible for paying the difference.

RAC provides new and used brand-named furniture, appliances, computers and electronics from brands, such as Ashley Furniture, Sony, Whirlpool Corporation, Dell and HP. As part of their rent-to-own business model, Rent-A-Center generally makes its items available with small initial payments and no long term obligations.

Your landlord reports your rent payment as delinquent

That missed rental payment will act as a negative mark on your payment history and as payment history is one of the most important factors in calculating your credit score, your score will likely go down.

Can I build up my credit by doing a successful Lease? No. We do not currently report to credit bureaus. Aaron's provides a rent to own program, not credit.

Do all furniture stores report to credit bureaus? No, not all furniture stores report to credit bureaus. It's important to confirm this with the store before financing.