Rent-A-Center, one of the nation’s largest rent-to-own companies, will pay $15.5 million to settle California's allegations that it misled and overcharged tens of thousands of customers, Attorney General Rob Bonta said Tuesday.
An investigation of the company's “kiosk” business inside traditional retail furniture stores found that since 2014, it used what Bonta called an inflated “cash price” for products that was 15% higher than the true retail price, among other alleged violations.
