Rent-to-Own Firms May Attract Watchdog's Gaze
Wall Street's short-selling community is pointing to the rent-to-own industry -- companies that rent products to consumers with an option to buy -- as a candidate for scrutiny by the Consumer Financial Protection Bureau.
However, the bureau's director, Richard Cordray, may have a political imperative from President Obama to first target other industries, such as subprime mortgages, private student loans, payday loans, money transfers, debt collectors, credit bureaus and prepaid debit cards....481 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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