Families across 43 US states could get refunds, debt relief after rent-to-own deals advertised as 90-day plans allegedly doubled costs

Detailed summary

In a significant development, consumers in 43 US states will receive a total of $183.5 million in refunds and debt relief from Acima Digital, following allegations of deceptive…

Families across 43 US states could receive refunds and debt relief under a proposed $183.5 million settlement with rent-to-own finance company Acima Digital, following allegations that the company misled customers about payment plans advertised as 90-day deals. According to Pennsylvania Attorney General Dave Sunday's November 12 announcement, the multistate agreement resolves allegations that consumers were automatically enrolled in rental-purchase agreements lasting up to 12 months, potentially leaving them paying nearly twice the original cash price of furniture, electronics and other merchandise.

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