Rent A Center

Rent A Center, now known as Upbound Group Inc., is a leading American rent-to-own company specializing in providing a wide range of furniture, electronics, appliances, and computers.

The company serves customers across the United States, Mexico, and Puerto Rico. Established in 1973 and headquartered in Plano, Texas, it operates under various brand names including Rent-A-Center, Get It Now, Home Choice, RimTyme, and ColorTyme.

The company's product offerings include a diverse selection of brand-name items such as furniture, electronics, computers, tablets, smartphones, and household appliances.

Customers can choose from top brands like LG, Samsung, Sony, Whirlpool, HP, Acer, Apple, Asus, and Frigidaire.

Rent A Center's flexible rent-to-own agreements allow customers to acquire products without traditional credit checks. Payment options include weekly, bi-weekly, semi-monthly, or monthly schedules.

This model provides an accessible path to ownership with no long-term obligations and the option to upgrade items during the rental period.

Additional services include free delivery, professional setup, and maintenance of rented items, all included in the rental price to ensure a hassle-free experience.

The company also offers a "Same as Cash" option, allowing customers to pay off their rental agreements within a specified period to own the merchandise outright.

Scale and Locations

As of March 12, 2025, Rent A Center operates 2,083 stores across 49 states and territories in the United States.

Texas has the highest number of locations with 210 stores. The company also maintains a significant presence in Puerto Rico and Mexico.

Locations include:

• Manchester, NH, USA
• Minneapolis, MN, USA
• Lawton, OK, USA
• Lynn, MA, US
• Warren, MI, USA
• Roslindale, MA, US

Financial Performance and Workforce

In 2024, Rent A Center reported revenues of $4.16 billion, reflecting its strong position in the rent-to-own industry.

The company employs approximately 14,500 individuals, making it a major employer in the retail sector.

Community Engagement

Rent A Center demonstrates a strong commitment to philanthropy by supporting various charities focused on family and youth empowerment.

This includes donations to Big Brothers Big Sisters of America and contributions to Boys & Girls Clubs of America.

Since 2004, the company has awarded over $850,000 in scholarships to college students, showcasing its dedication to education and community development.

In summary, Rent A Center, now Upbound Group Inc., continues as a prominent player in the rent-to-own industry, offering a wide array of products and services to meet diverse customer needs across North America.