Consumer Rental Contracts definition
Consumer Rental Contracts means contracts that provide a consumer with a consumer good through a leasing arrangement that terminates when the consumer acquires full ownership, returns the merchandise, or the lessor takes repossession of the consumer good prior to the lessee obtaining full ownership. Consumer Rental Contracts are also referred to as rent-to-own contracts, rental purchase agreements, or lease-to-own agreements.
Consumer Rental Contracts means contracts that provide a consumer with a consumer good through a leasing