On July 26, 2024, the Consumer Financial Protection Bureau (CFPB) announced that it filed a complaint against a point-of-sale financing company and its former chief executive officer in the United ...
On August 14, New York State Attorney General (AG) Letitia James filed a complaint in New York State court against a company (the defendant) offering financing products using Retail Purchase ...
Rent-to-own deals are nothing new. These transactions, in which a portion of the buyer’s monthly rent payment is ultimately applied toward a down payment, traditionally have been used by home buyers ...
No couch? No cash? What do you do? That’s the focus of today’s Consumer Alert. I got a call from a viewer who was sure she was being ripped off and she wanted me to investigate. She had bought ...
If you’re in need of a sofa or a dishwasher, and you don’t have the money to buy either outright, you might think about purchasing one from a rent-to-own store. But think hard – because there are a ...
It’s no secret that it’s getting harder to buy a home. That’s why many would-be homeowners are looking at rent-to-own homes as an alternative to the traditional path to homeownership—especially if ...
Erica Hines-Denson had no idea how bad the odds against her were. Student loans and a recent divorce had dinged her credit score. But she and her new husband, Elquinton Denson, were building a blended ...
A new rent-to-own program gives northern Delaware renters a chance to improve their credit and ease financial concerns.(Courtesy of Habitat for Humanity of New Castle County) Approximately five ...
Landlords who require renters to use an electronic payment system are breaking the law. By Jill Terreri Ramos Q: I live in a rent-stabilized apartment in Brooklyn, and my landlord won’t accept checks.