Local News

11-15-17 rent to own businesses

todayNovember 15, 2017

MADISON, Wis. (AP) — Wisconsin Republicans are trying again to exempt rent-to-own businesses from the state’s consumer protection act. Rep. Warren Petryk and Sen. Terry Moulton began circulating a bill for co-sponsors Tuesday that would create a new section of statutes that apply specifically to the rent-to-own industry. Rental-purchase agreements would have to include the price of the property and the total amount of payments to acquire ownership but not interest rates.

Written by: Radio Plus

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