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Thoughts on starting a Rent to Own Company...

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tminch55

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Wanted to consult with the great minds on this forum and get some solid opinions...

I'm toying with the notion of starting a rent-to-own company. I think there is a void in the market for one that doesn't absolutely rip people off and take advantage of them. With that being said, I pose you this question...

1. Are all national rent-to-own companies borderline criminal because that's the only way to thrive in this field? (Rent A Center, Aarons, etc.) Did they start out with good intentions and morph into the companies they became due to the clientelle?

2. Could a rent-to-own company that treats people with respect thrive without outlandish interest rates?

Very interested in your thoughts. Thanks!
 
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