Delaney Introduces Bill to Expand Protections for Rent-to-Own Customers

Congressman John K. Delaney (MD-6) has filed legislation to expand protections for rent-to-own customers. Often targeted towards low-income and military populations, rent-to-own contracts can feature excessively high fees, predatory interest rates and aggressive collection practices, with customers paying two to three times more, often even as much as five times more, for the same products than if they purchased them from a traditional retailer