Court refuses to hear Rent-A-Center challenge

Engel, Clint
January 2007
Furniture/Today;1/15/2007, Vol. 31 Issue 19, p8
Trade Publication
The article reports that the U.S. Supreme Court has refused to hear a challenge by Rent-A-Center to a New Jersey court ruling that made the company's transactions subject to the cap under the state's Retail Installment Sales Act and its Consumer Fraud Act. General counsel for the Association of Progressive Rental Organizations Ed Winn states that reversal of trial court ruling by the New Jersey Court overturns 200 years of common law usury and forces the company out of New Jersey.


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