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In a rent-to-own agreement, you (as the buyer) pay the seller a one-time, usually nonrefundable, upfront fee called the option fee, option money or option consideration.
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The second-largest player in Britain’s rent-to-own sector has put itself up for sale as the City watchdog examines a price cap in another area of high-cost credit. sky news has learnt that PerfectHome.
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The City watchdog will outline plans on Thursday for a cap on rent-to-own charges in a move that will herald a fresh. Andrew Bailey, the FCA chief executive, said in May in the introduction to a.