AUSTIN, TX -- (Marketwire) -- 06/17/09 -- In tough economic times with high unemployment rates, rent to own payment reinstatement rights create a safety net no other consumer transaction provides. Rent to own payment reinstatement rights mandate a consumer's previous payments count towards potential ownership if a consumer cannot make payments due to unemployment or unforeseen economic issues.

Most rent to own state laws mandate reinstatement rights within a period of time but due to competition in the industry, most rent to own companies offer lifetime payment reinstatement rights. As long as the customer proves previous payments in their lifetime the payments count towards ownership. If the original product is no longer available, the rent to own store will find a similar replacement.

Rent to own payment reinstatement rights represent the safety net for needed home products such as refrigerators, furniture, computers and electronics during the nation's worst unemployment. Customers have the peace of mind knowing rent to own merchandise can be returned without penalty, debt or damage to their credit. The customer can use their reinstatement rights to maintain previous payments or execute the early purchase option where they pay 50% of the remaining value, saving money without the complications and detrimental repercussions of credit transactions.

Customers need to consider a rent to own company's reinstatement policies when shopping rent to own. Rent to own businesses are very competitive and payment options are one of the most valuable attractions to rent to own. Most rent to own companies advertise payment reinstatement polices to show customers the rent to own store has the payment options to help through uncertain times or during unemployment.

During America's high unemployment, rent to own is a valuable consumer choice for household products. It ensures the customer's credit is never damaged, never incurs debt and never penalized for returning the product. If the customer must return the product, then rent to own's payment reinstatement rights make sure consumers can resume payments toward ownership -- a consumer option only rent to own offers in the marketplace.

The Association of Progressive Rental Organizations (APRO) has spent more than 25 years improving rent to own business practices to become one of the most vibrant consumer industries in America. For more information on rent to own, visit www.rtohq.org.

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