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.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.