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Rent To Own
Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, real property, and engagement rings, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement. A rent-to-own transaction differs from a traditional lease, in that the lessee can purchase the leased item at any time during the agreement (in a traditional lease the lessee has no such right), and from a hire purchase/installment plan, in that the lessee can terminate the agreement by simply returning the property (in a hire purchase the buyer has a limited time, if any, to cancel the agreement). The usage of rent-to-own transactions began in the United Kingdom and Europe, and first appeared in the United States during the 1950s and 1960s. While rent-to-own terminology is most commonly associated with consumer goo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lease Purchase Agreement
A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. Basically a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use. The term rental agreement can refer to two kinds of leases: * A lease in which the asset is tangible property. Here, the user '' rents'' the asset (e.g. land or goods) ''let out'' or ''rented out'' by the owner (the verb ''to lease'' is less precise because it can r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rent-A-Center
Rent-A-Center (commonly referred to as RAC) is an American public furniture and electronics rent-to-own company based in Plano, Texas. The company was incorporated in 1986 and as of 2014 operates approximately 2,972 company-owned stores in the United States, Puerto Rico and Mexico, accounting for approximately 35% of the rent-to-own market in the United States based on store count. Rent-A-Center's operations include 24 retail installment stores called Get It Now (based in Wisconsin); 17 Home Choice stores in Minnesota; and approximately 1,359 Acceptance Now kiosks housed within retail partner stores throughout the United States. Its subsidiary, Rent-A-Center Franchising International Inc. (RACFI), formerly known as ColorTyme Inc., is America's first franchisor of independently owned-and-operated rent-to-own stores. Its franchisees operate 162 rent-to-own stores in 31 states under the Rent-A-Center and ColorTyme brand names, and the company's wheels-and-tires franchise brand, Rim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Associated Press
The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. newspapers and broadcasters. The AP has earned 56 Pulitzer Prizes, including 34 for photography, since the award was established in 1917. It is also known for publishing the widely used '' AP Stylebook''. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters, English, Spanish, and Arabic. The AP operates 248 news bureaus in 99 countries. It also operates the AP Radio Network, which provides newscasts twice hourly for broadcast and satellite radio and television stations. Many newspapers and broadcasters outside the United States are AP subscribers, paying a fee to use AP material without being contributing members of the cooperative. As part of their cooperative agreement with the AP, most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Star-News
''Star-News'' is an American, English language daily newspaper for Wilmington, North Carolina, and its surrounding area (known as the Lower Cape Fear). It is North Carolina's oldest newspaper in continuous publication. It was owned by Halifax Media Group until 2015, when Halifax was acquired by New Media Investment Group. The ''Star-News'' has a circulation of 41,300 daily (47,400 Sunday) and covers a three-county region in Southeastern North Carolina: New Hanover, Brunswick and Pender. History The paper was originally published on September 23, 1867, as the ''Wilmington Evening Star'' by former Confederate Major William H. Bernard. Shortly after first publishing the paper, Bernard changed the paper to come out in the morning and changed the paper name to the ''Wilmington Morning Star''. " was an ardent advocacy of white supremacy-a view never more strongly demonstrated than in its coverage of the Wilmington race riots of 1898." In 1927, R. W. Page bought the ''Morning S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Credit
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from past ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Journal Of Consumer Affairs
The ''Journal of Consumer Affairs'' is a peer-reviewed academic journal that was established in 1967 and is published by Wiley-Blackwell on behalf of the American Council on Consumer Interests. It covers research on consumer behavior, consumer and household decision making, and the implications of practices and policies on consumers' wellbeing. According to the ''Journal Citation Reports'', the journal has a 2017 impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a scientometric index calculated by Clarivate that reflects the yearly mean number of citations of articles published in the last two years in a given journal, as i ... of 1.860. References External links * {{Official, 1=http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1745-6606 American Council on Consumer Interests Business and management journals Publications established in 1967 Wiley-Blackwell academic journals English-language journals Works about consumer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Obligation
An obligation is a course of action that someone is required to take, whether legal or moral. Obligations are constraints; they limit freedom. People who are under obligations may choose to freely act under obligations. Obligation exists when there is a choice to do what is morally good and what is morally unacceptable. There are also obligations in other normative contexts, such as obligations of etiquette, social obligations, religious, and possibly in terms of politics, where obligations are requirements which must be fulfilled. These are generally legal obligations, which can incur a penalty for non-fulfilment, although certain people are obliged to carry out certain actions for other reasons as well, whether as a tradition or for social reasons. Obligations vary from person to person: for example, a person holding a political office will generally have far more obligations than an average adult citizen, who themselves will have more obligations than a child. Obligations are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit (finance)
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Buffalo News
''The Buffalo News'' is the daily newspaper of the Buffalo–Niagara Falls metropolitan area, located in downtown Buffalo, New York. It recently sold its headquarters to Uniland Development Corp. It was for decades the only paper fully owned by Warren Buffett's Berkshire Hathaway. On January 29, 2020, the paper reported that it was being sold to Lee Enterprises. History The ''News'' was founded in 1873 by Edward Hubert Butler, Sr. as a Sunday paper.Frequently Asked Questions , www.buffalonews.com On October 11, 1880, it began publishing daily editions as well, and in 1914, it became an inversion of its original existence by publishing Monday to Saturday, with no publication on Sunday. During most of its life, the ''News'' was known as ''The Buffalo Evening News''. A gentleman's agreement between the ''Ev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Layaway
Layaway (''lay-by'' in Australia, New Zealand, and South Africa) is a purchase agreement in which the seller reserves an item for a consumer until the consumer completes all the payments necessary to pay for that item, and only then hands over the item. Description Rather than taking the item home and then repaying the debt on a regular schedule, as in most installment plans or hire purchases, the layaway customer does not receive the item until it is completely paid for. There is sometimes a fee associated, since the seller must "lay" the item "away" in storage until the payments are completed. Because there is little risk involved for the seller, layaway can be readily offered to those with bad credit. If the transaction is not completed, the item is returned to stock; the customer's money may be returned in whole, returned less a fee, or forfeited entirely. The main advantage of layaway is that no interest is charged. However, the seller will be reinvesting the payments into v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Installment Credit
An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage loan, for example, is a type of installment loan. The term is most strongly associated with traditional consumer loans, originated and serviced locally, and repaid over time by regular payments of principal and interest. These “installment loans” are generally considered to be safe and affordable alternatives to payday and title loans, and to open ended credit such as credit cards. In 2007 the US Department of Defense exempted installment loans from legislation designed to prohibit predatory lending to service personnel and their families, acknowledging in its report the need to protect access to beneficial installment credit while closing down less safe forms of credit. History Lending has been ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Columbus Dispatch
''The Columbus Dispatch'' is a daily newspaper based in Columbus, Ohio. Its first issue was published on July 1, 1871, and it has been the only mainstream daily newspaper in the city since ''The Columbus Citizen-Journal'' ceased publication in 1985. As of November 2019, Alan D. Miller is the newspaper's interim general manager. History The paper was founded in June 1871 by a group of 10 printers with 900 in financial capital. The paper published its first issue as ''The Daily Dispatch'' on July 1, 1871, as a four-page paper which cost 4¢ (¢ in ) per copy. The paper was originally an afternoon paper for the city of Columbus, Ohio, which at the time had a population of 32,000. For its first few years, the paper rented a headquarters on North High Street and Lynn Alley in Columbus. It began with 800 subscribers. On April 2, 1888, the paper published its first full-page advertisement, for the Columbus Buggy Company. In 1895, the paper moved its headquarters to the northeast corner ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
