Rent Center

Rent-A-Center is a prominent rent-to-own company based in Plano, Texas. Established in 1973, it has grown to become the largest rent-to-own chain in the United States, with around 1,400 stores across the U.S. and Mexico. The company employs approximately 12,000 people and is publicly traded on the Nasdaq stock exchange. Rent-A-Center holds a significant market share in the home furniture rental industry, accounting for about 31.7% of total industry revenue. The company specializes in flexible rental and lease-to-own options for a variety of products, including home furniture, consumer electronics, appliances, and computers. Its business model is designed to cater to consumers who may not have access to traditional credit, offering manageable payment plans with the option to own the items after a series of payments. Rent-A-Center also operates lease-to-own kiosks under the brand RAC Acceptance, further expanding its reach to a broader customer base.