Rent-A-Center says that Mass. AG has closed a pending deal to terminate the investigation

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Law360 (Aug 6, 2021, 10:08 pm EDT) – Rent-A-Center Inc. announced Friday that it had received an offer from Massachusetts officials, possibly an investigation related to the lease-to-owner – Resolve company business practices based on previously published research from California and the Consumer Financial Protection Bureau.

In a quarterly filing for filing, Rent-A-Center said the Massachusetts Attorney General filed a civil inquiry in 2018 requesting information about the company’s “account management and certain other company-related business practices.” [its] Leasing-to-own transactions. “

Rent-A-Center said the Massachusetts attorney general recently launched the option of reaching an agreement with a June proposal in which a “monetary …

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