Rent A Center Bed (2024)

FAQs

How does Rent-A-Center verify income? ›

You typically need a check stub to rent to own at Rent-A-Center as part of verifying your income. While Rent-A-Center doesn't require credit checks, proving your earnings through a minimum pay stub for renting or other financial documents is needed to ensure you meet your payment obligations.

They ask for references, one: character and responsibility confirmation and two: if you're late on your payment and avoiding their phone calls, they will start calling your references. Because they need to verify that you are reliable, as well as the need to contact those references if you don't pay your bill.

No. No credit history is required and we do not require a minimum FICO credit score.

They will try to reposes the products but can also take you to small claims court if you don't return the products. They will also put you in their databases nationwide and never allow you to rent from any Rent-A-Center ever again.

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.

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.

Do I need a good credit score to rent from Rent-A-Center? No. We consider many different factors in reviewing your application and regularly approve customers with less than perfect credit history.

They're free to say whatever they like. However if they make up negative stuff that stops you from getting a rental you might have action for slander or libel. If you've been a good tenant then a landlord has no reason to give a bad reference unless they're nuts. There's nothing good in it for them to lie.

Although not entirely foolproof, tenant reference checks are an essential part of a thorough screening process. After all, placing a bad tenant in your property could mean lots of stress, missed rental payments, and a possible trip to the courtroom.

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.

How much is the Rent-A-Center settlement? ›

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.

If your ownership plan is longer than 6 months, you can take advantage of Aaron's same as cash option. For those new agreements with a payment option longer than 6 months, if you payout your merchandise within the applicable same as cash period, you will pay the cash price, plus tax and applicable fees (if any).

You may not, however, engage in political activities of any nature on Company time or property, or during any other time in which you are acting on the Company's behalf; and the use of the Company's time, equipment, property or other assets in the conduct of political activities of any nature is also prohibited, unless ...

Yes they can go after you since you are late on the payments. Many companies of this type get weekly payments. If you miss a payment, you may get a phone call, someone at your door, or the account going into collection although it is typically an in-house collector.

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.

While a bank will perform a credit check, to assess your credit worthiness, along with income verification, etc; the rent to own shops use a different approach. Generally, they will verify job time and income, verify bank account info, and get a couple references (used in skip tracing…. not the loan approval process.)

The IRS has a number of ways to determine whether or not you have rental income. A few of these include reporting by third parties, reported income and expense discrepancies, audits and reviews, and public records.

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.

If you're looking to build credit, try paying off loans (such as car and house payments), reducing your credit card balance, and making sure to pay your rent on time. Does Aaron's report to credit bureaus? Aaron's does not currently report to credit bureaus.