State Attorneys General Say $183.5 Million Settlement Requires Acima to Overhaul Rental-Purchase Practices
By PYMNTS
AI summary of the source article
A multistate settlement reached by 43 states requires rent-to-own company Acima Digital to address practices that allegedly misled consumers and deceptively marked up prices. The action was announced by the Office of the Attorney General of Connecticut.
Key facts
- 43 states reached a multistate settlement with rent-to-own company Acima Digital.
- The settlement requires Acima to address allegations of misleading consumers about agreements and deceptively marking up prices.
- The Office of the Attorney General of Connecticut announced the settlement in a Nov. 12 press release.
Source excerpt · PYMNTS
A multistate settlement that 43 states reached with rent-to-own company Acima Digital requires the firm to address practices that the states alleged included misleading consumers about its agreements and deceptively marking up prices, the Office of the Attorney General of Connecticut said in a Thursday (Nov. 12) press release. Acima and several state attorneys general […] The post State Attorneys…