Rent-A-Center settles California claims of unlawful leasing, deceptive marketing

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02/08/2022 19:20

Aug 2 (Reuters) - Rent-A-Center Inc  RCII.O , one of the
largest U.S. rent-to-own companies, will pay $15.5 million to
settle charges it violated California consumer protection laws
related to unlawful leasing practices and deceptive marketing,
state Attorney General Rob Bonta said on Tuesday.
    Bonta said the settlement calls for Rent-A-Center to pay a
$2 million civil fine and $13.5 million in restitution to
consumers.

 (Reporting by Jonathan Stempel in New York
Editing by Chris Reese)
 ((jon.stempel@thomsonreuters.com; +1 646 223 6317; Reuters
Messaging: jon.stempel.thomsonreuters.com@reuters.net))